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IBM reportedly is closing its China research and development (R&D) department and moving those functions overseas.
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The Dutch privacy watchdog said it has fined Uber Technologies 290 million euros ($324 million) for allegedly transferring the personal data of European taxi drivers to the U.S. without adequate safeguards.
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U.S.-listed shares of Chinese e-commerce company PDD Holdings are plunging in premarket trading after the parent of discount marketplace Temu reported second-quarter sales below analysts' estimates.
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News of the day for August 26, 2024
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Stock Has Gained 35% From Its August Low
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Shares Have Risen 43% From Early-August Low
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Er vinden relatief veel ongevallen plaats met arbeidsmigranten die wel in Nederland werken, maar minder dan vier maanden en waar ook geen verblijfsadres van geregistreerd is. Per 100.000 banen, vinden in deze groep 37 ongevallen plaats. Gemiddeld is dit 26.
( 1
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Het Openbaar Ministerie (OM) heeft maandag 26 maanden cel geëist tegen 'wonderbelegger' Max R. De 27-jarige man moest zich in de rechtbank in Zwolle verantwoorden voor het beleggen van ruim 25 miljoen euro zonder vergunning.
( 1
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Schoenen- en kledingwinkel Bristol heeft faillissement aangevraagd. Het bankroet komt niet uit de lucht vallen: er liep al uitstel van betaling en de winkels hielden leegverkoop.
( 1
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Verreweg de grootste batterij van het land verrijst vanaf volgend jaar in Delfzijl. Door een flexibel contract met netbeheerder TenneT is ondanks de drukte op het stroomnet toch ruimte gevonden voor de gigantische energieopslag.
( 1
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De wetten die Nieuw-Zeeland instelde om offshore olie- en gaswinning te verbieden, zijn binnenkort verleden tijd. Dat laat de Nieuw-Zeelandse regering maandag weten aan persbureau Reuters. Het land kampt met heftige energietekorten.
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Rentes voor hypotheken zijn afgelopen week gedaald naar het laagste punt sinds de start van 2024. Dat meldt Van Bruggen Adviesgroep maandag.
( 1
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De vraag naar goud in India zal naar verwachting toenemen nu de importheffing op het edelmetaal vlak voor het festivalseizoen is verlaagd. Dat zal ook zijn weerslag hebben op de wereldmarktprijzen, aangezien India de op een na grootste consument van goud is.
( 1
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De Autoriteit Persoonsgegevens legt Uber een boete op van 290 miljoen euro, omdat het bedrijf gevoelige informatie van chauffeurs heeft doorgestuurd naar de Verenigde Staten. Daarbij werden de gegevens niet voldoende beschermd.
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Australiërs mogen voortaan buiten werktijd onbelangrijke telefoontjes of e-mails van hun baas negeren. Dat komt door wetgeving die sinds maandag van kracht is.
( 1
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De koffieprijzen stijgen hard, maar in de supermarkt verschillen de prijzen flink. Het ligt er maar net aan welke soort je kiest. Bonenkoffie van een huismerk kost 7 cent per kopje, terwijl je aan een koffiecupje zo'n 25 cent kwijt bent.
( 1
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De koffieprijzen stijgen hard. Maar hoeveel je in de supermarkt betaalt per kopje koffie, verschilt enorm. Het ligt er maar net aan welke koffie je kiest: wie voor een huismerk-bonenkoffie gaat, betaalt zo'n 7 cent per kopje, terwijl een kopje Nespresso-koffie zo'n 47 cent kost.
( 1
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Het cruiseschip Disney Dream, dat op 6 september in Amsterdam zou aankomen, vaart de hoofdstad voorbij. Dat meldt onder meer een boekingswebsite op socialemediaplatform X. De rederij vreest niet te kunnen aanmeren in Amsterdam "door problemen met toegang tot de haven".
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Het cruiseschip Disney Dream, dat op 6 september in Amsterdam zou aankomen, vaart de hoofdstad voorbij. Dat meldt onder meer een boekingswebsite op socialemediaplatform X. De rederij vreest niet te kunnen aanmeren in Amsterdam "door problemen met toegang tot de haven".
( 1
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Het blijft in de Randstad een stuk makkelijker om een publieke laadpaal te vinden voor je elektrische auto dan daarbuiten. Maar het landelijke laadnetwerk lijkt steeds minder op een gatenkaas: op de meeste plekken is er inmiddels een laadpaal binnen loopafstand.
( 1
min )
Het blijft in de Randstad een stuk makkelijker om een publieke laadpaal te vinden voor je elektrische auto dan daarbuiten. Maar het landelijke laadnetwerk lijkt steeds minder op een gatenkaas: op de meeste plekken is er inmiddels een laadpaal binnen loopafstand.
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August 28 is fast approaching. Is now the time to buy this AI leader?
( 71
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These companies pay very durable dividends that should keep growing.
( 71
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Berkshire Hathaway just made an interesting move in its portfolio.
( 71
min )
Will Nvidia stock soar again on earnings?
( 71
min )
Find the latest V.F. Corporation (VFC) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
min )
Find the latest American Tower Corporation (REI (AMT) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 47
min )
Social Security benefits are included in your adjusted gross income (AGI) if your total income, which consists in half of your Social Security benefits and other sources of income, exceeds a certain threshold. This can affect the taxation of those benefits and your eligibility for various tax credits and deductions, which in turn can impact […] The post Is Social Security Included in Your AGI? appeared first on SmartReads by SmartAsset.
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You can probably retire in financial comfort at age 45 if you have $3 million in savings. Although it's much younger than most people retire, that much money can likely generate adequate income for as long as you live. Very … Continue reading → The post Can I Retire at 45 With $3 Million? appeared first on SmartAsset Blog.
( 72
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These stocks have quality businesses behind them.
( 71
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The acquisition includes certain employees, assets, and licenses, although financial terms have not been disclosed.
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China's PDD Holdings missed market estimates for quarterly revenue on Monday, as frail consumer spending dented business at its domestic e-commerce platform Pinduoduo, taking the shine off strong growth in its international platform Temu. The company reported revenue of 97.06 billion yuan ($13.64 billion) in the second quarter, compared with analysts' average estimate of 100 billion yuan, according to LSEG data. ($1 = 7.1173 Chinese yuan renminbi)
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Markets lauded Federal Reserve Chair Jerome Powell's comments on Friday, when he said "the time has come" to lower borrowing costs in the light of diminishing upside risk to inflation and moderating labor demand. Traders are now betting on a 25-basis-point or 50-basis-point rate cut in September. Odds of the former have dropped to 63.5%, from more than 70% in the previous week, while odds of a 50-bps cut have risen to 36.5%, from about 30% last week, according to the CME Group's Fed Watch tool.
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Nvidia is likely to report on Wednesday that its second-quarter revenue more than doubled. A beat or a miss on Wall Street expectations could either stoke or shatter an AI rally on Thursday, a day after Nvidia reports earnings for the May-July period. The company's shares have surged more than 150% this year, adding $1.82 trillion to its market value and lifting the S&P 500 to new highs.
( 70
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The GPU leader has been the hottest stock in the market for the past couple of years, but top investors are starting to rotate out of it.
( 71
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The new drugs this company is developing could be worth a lot more than the present market value of its stock.
( 71
min )
Nvidia's recent pullback should soon be only a memory.
( 71
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The S&P 500 might not provide the diversification you're looking for.
( 71
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This collaboration will see the insurer invest in a data integration and AI solution over the next three years.
( 69
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These stocks are up by between 60% and 124% over the last year, but they could still have plenty more room to run.
( 71
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This exchange-traded fund only holds the top performing stocks from the S&P 500, and disregards the rest.
( 71
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This longtime outperformer is set to conduct its sixth stock split since going public.
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Hint: It has nothing to do with its upcoming earnings report.
( 72
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Apple is trading on its past performance, not current fundamentals.
( 71
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The Oracle of Omaha has overseen the purchase of close to $78 billion worth of his favorite stock since July 2018.
( 72
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(Bloomberg) -- Bitcoin touched $65,000 for the first time in about three weeks, aided by reviving demand for dedicated US exchange-traded funds amid signs that the Federal Reserve is set to loosen monetary policy.Most Read from BloombergSydney Central Train Station Is Now an Architectural DestinationChicago Overcomes DNC Skeptics With Calm, Parties and SunNazi Bunker’s Leafy Makeover Turns Ugly Past Into Urban EyecatcherHow the Cortiços of São Paulo Helped Shelter South America’s Largest CityWit
( 69
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Shares Have Risen 43% From Early-August Low
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Rep. Jim Jordan (R-Ohio), recently expressed criticism of Kamala Harris’s healthcare policies on X, he alleged that she would take away private healthcare entirely. What Happened: On Thursday, Jordan posted his disapproval of Harris’s healthcare plans, comparing them unfavorably to those of former President Barack Obama. He stated, “President Obama once said, "If you like your healthcare, you can keep it." Then countless Americans lost their healthcare. Kamala Harris is going a step further. She
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(Bloomberg) -- Most Asian stocks look poised to gain early Monday, after Wall Street was cheered by signals from Federal Reserve Chair Jerome Powell that US interest rates will be cut from next month.Most Read from BloombergSydney Central Train Station Is Now an Architectural DestinationChicago Overcomes DNC Skeptics With Calm, Parties and SunNazi Bunker’s Leafy Makeover Turns Ugly Past Into Urban EyecatcherHow the Cortiços of São Paulo Helped Shelter South America’s Largest CityWith Housing Cos
( 71
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These stocks are the A-team for income investors.
( 71
min )
Vice President Kamala Harris‘ presidential campaign has embraced a populist economic message, blaming corporate greed for high grocery prices. However, her proposal to ban price gouging is drawing criticism from economists, including a key figure from the Obama administration. Don't Miss: The number of ‘401(k)' Millionaires is up 43% from last year — Here are three ways to join the club. IRS Finalizes 10-Year Rule For Retirement Withdrawals, Making Things ‘Even More Insanely Complicated’ Jason F
( 71
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If Harris wins, it could be time to rethink future price forecasts for Bitcoin and crypto stocks.
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One of these two defense stocks is about to get a giant boost to sales in its most profitable division.
( 71
min )
Walmart’s second-quarter sales were stronger than expected, boosting optimism that a U.S. recession could be averted. This was quite the opposite of what Home Depot told investors some time ago. The good news from the world’s biggest retailer helped restore confidence among investors and other analysts. Don't Miss: A billion-dollar investment strategy with minimums as low as $10 — you can become part of the next big real estate boom today. Here’s the AI-powered startup that turns traders into in
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These stocks have a lot going for them.
( 71
min )
Is SoundHound AI the next big thing in tech? Check out the secret sauce in this AI expert's recipe for success.
( 70
min )
These investors bought a high-quality company at a massively discounted valuation.
( 70
min )
As of Aug. 15, J.P. Morgan Research indicates that the probability of a U.S. and global recession in 2024 has hit 35%, up from their 25% midyear estimate. While inflation seems to be slowing down, signs of weakening economic growth and a softer-than-expected labor market are key drivers behind this increased probability. Here's a closer look at the factors driving these concerns and what they might mean for interest rates and the broader economy. Don't Miss: How do billionaires pay less in incom
( 71
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Which of these cryptocurrencies has a brighter future?
( 71
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It even has Warren Buffett's stamp of approval.
( 71
min )
With a 12.1% current dividend yield and monthly dividend payout, Ellington Financial (NYSE:EFC) often catches the attention of investors seeking attractive returns. Ellington Financial is a publicly traded mortgage real estate investment trust (REIT). ...
( 71
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Nvidia and Arm Holdings are the two best semiconductor stocks to buy for exposure to the fast-growing AI space.
( 72
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There are some perks of IRA investing that fit my retirement strategy well.
( 71
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These two beaten-down stocks are on the rebound.
( 71
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Despite a rocky start in August, investor sentiment has remained resilient, with the S&P 500 rallying nearly 9% since its August 5th low. This upward momentum has been driven by a series of positive economic data releases, including better-than-expected initial jobless claims and strong retail sales figures. Wall Street also reacted favorably to Federal Reserve Chair Jerome Powell’s comments on Friday, signaling that the Fed is prepared to cut interest rates as the labor market softens and infla
( 72
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Here's how to claim your share of the AI gold rush.
( 71
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Nvidia's stock movement lately creates a conundrum. How you approach the stock could impact whether it makes you money.
( 72
min )
These dividend stocks offer rock-solid and steadily rising income streams.
( 71
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The stock has been a terrible investment in recent years.
( 71
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Expanding into alcohol has helped Tilray grow its operations and improve its bottom line.
( 65
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“I am not financially savvy at all.”
( 73
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Realty Income continues to live up to its name.
( 70
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The company is expanding its AI voice business through acquisitions.
( 70
min )
By waiting until its target had no other option but to say "yes," Lockheed Martin got a great price on Terran Orbital.
( 71
min )
If you have $1 million in a 401(k) and collect a pension, you may be in a position to delay Social Security until age 70. Doing so can boost your monthly benefit by up to 24%. However, delaying Social Security will mean you’ll have to rely more heavily on your savings for several years and […] The post I Have $1 Million in Savings and a Pension. Should I Delay Social Security and Rely on My 401(k) for 8 Years? appeared first on SmartReads by SmartAsset.
( 73
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Despite the vast depth of information and education available today, financial literacy isn't improving among adults in the U.S. A financial advisor can help you improve your financial literacy to better understand your money. Find a fiduciary advisor today. On average, … Continue reading → The post 23% of Adults Got Three-Quarters of Financial Literacy Questions Wrong: Can You Get Them Right? appeared first on SmartAsset Blog.
( 72
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These companies have long growth histories and are consistently outperforming Microsoft.
( 71
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Carbon capture and storage could be a very lucrative market opportunity for oil companies.
( 71
min )
These companies have delivered impressive gains thanks to AI and likely have much more to offer investors.
( 71
min )
The stock is down but still trades at a premium valuation.
( 71
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Rather than sit on the sidelines, my worries are motivating me to search for businesses that can thrive in spite of an adverse economy.
( 66
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Utilities aren't exciting, but they provide a basic necessity of modern life. And this one has an incredible dividend record.
( 36
min )
Berkshire Hathaway is facing a massive tax bill after this historic sale.
( 71
min )
Bank of China Vice Chairman and President Liu Jin resigned for personal reasons effective on Sunday, the bank said. The state-owned lender said in a statement that its board had approved Chairman Ge Haijiao to serve as acting president. Liu, 57, has held senior roles at major Chinese banks, including ICBC[ ICBCA.UL] and China Development Bank.
( 68
min )
It's time for the "up" to be put back in UPS.
( 65
min )
Applied's dividend is destined for double-digit growth for years to come.
( 72
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Shares of this dominant payment platform have trailed the broader market in recent years.
( 70
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AST SpaceMobile, Serve Robotics, and Lumen all have a lot of upside potential.
( 71
min )
There's hidden value in these blue chips that other investors are missing.
( 71
min )
This exchange-traded fund is beating the S&P 500 thanks to its high exposure to stocks like Nvidia.
( 72
min )
There's no doubt this is one of the best investments anyone could've made.
( 70
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Upstart is gearing up for a convincing return to growth, and that could propel a recovery in its stock price.
( 72
min )
Artificial intelligence promises to be the most transformative technology of the next decade.
( 71
min )
Enbridge has an excellent record of raising its dividend during downturns.
( 71
min )
Investors looking for exposure to Bitcoin might want to check out this exchange-traded fund.
( 71
min )
Uncertainty has weighed on Nvidia stock in recent weeks. That could all change on Wednesday.
( 72
min )
The dividend yields for these stocks are tempting. But some temptations should be avoided.
( 71
min )
The vice president wants to "build, baby, build."
( 71
min )
This forecasting tool hasn't been wrong in 58 years -- and you might not like what it has to say.
( 73
min )
The blue-chip consumer staples giant looks like an appealing investment again.
( 71
min )
Exempting yet more income from taxation would worsen a tax code that already treats people with the same level of income differently.
( 72
min )
These companies plugged into some powerful megatrends.
( 71
min )
It's going to take something special to outgrow the economy and competitors over the course of the coming six years. These companies have it.
( 72
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If you are looking for income, consider this diversified dividend ETF and this focused covered-call ETF.
( 71
min )
Production of just this one new plane type could refresh up to one-third of Boeing's annual defense revenue.
( 71
min )
As the automotive industry evolves, Ford is adjusting -- but it could be repeating a major mistake.
( 71
min )
This stock is falling under the radar of many investors, creating a great buying opportunity for those willing to look into the details.
( 71
min )
Shares of the chip company have surged about 25% from recent lows.
( 70
min )
Plug Power investors must understand why Wall Street has been consistently wrong about the stock.
( 71
min )
Companies like these can protect your portfolio from the next market downturn.
( 71
min )
(Bloomberg) -- US inflation figures in the coming week will reinforce that long-awaited interest-rate cuts are coming soon, while a reading on consumer spending is seen indicating that the central bank has been successful at keeping the expansion intact.Most Read from BloombergSydney Central Train Station Is Now an Architectural DestinationChicago's Migrant Surge Is Stirring Trouble for Democrats in DNC Host CityWith Housing Costs High, Democrats Hone YIMBY MessageHow the Cortiços of São Paulo H
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Coming up: Nvidia, Salesforce, Dell, CrowdStrike earnings, July inflation data, Q2 GDP
( 25
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Midden in Delft ligt een minuscuul dorpje. Samen met honderd ondernemers en wetenschappers testen de dertien inwoners hier de duurzame innovaties die steden kunnen gaan helpen met de energietransitie.
( 1
min )
De Chinese regering heeft zich stevig uitgesproken tegen de sancties die de Verenigde Staten vrijdag hebben opgelegd voor het steunen van Rusland in zijn oorlog tegen Oekraïne. Dat schrijft Bloomberg zondag.
( 1
min )
Spoorwegmedewerkers in Canada moeten weer aan het werk, nadat werkgevers hen hadden gevraagd te staken. Zo luidt het besluit van de Canada Industrial Relations Board, een onafhankelijk tribunaal dat arbeidsgeschillen beslecht.
( 1
min )
Oprichter en directeur Pavel Durov van berichtendienst Telegram is zaterdagavond opgepakt op de Franse luchthaven Le Bourget. Dat melden Franse media, waaronder Le Monde. De Russische overheid zegt hem te willen helpen.
( 1
min )
Oprichter en directeur Pavel Doerov van berichtendienst Telegram is zaterdagavond opgepakt op de Franse luchthaven Le Bourget. Dat melden Franse media, waaronder Le Monde. De Russische overheid zegt hem te willen helpen.
( 1
min )
Een pilot waarbij huizenbezitters hun zonnepanelen tegen betaling uitzetten, kan nog op weinig enthousiasme rekenen. Slechts zeventien geïnteresseerden hebben zich tot dusver gemeld. Energiespecialist Joris Kerkhof van vergelijkingssite Independer is niet verbaasd.
( 1
min )
How the stock could nearly double by the end of 2029.
( 71
min )
Contrary to a common assumption, not every car company overcommitted to an unexpectedly tepid EV market.
( 72
min )
Jacobs Solutions stands to be a beneficiary of the red-hot weight loss movement fueling the pharmaceutical market.
( 71
min )
The energy giant has a high yield, a strong business, and it's shifting along with the world around it.
( 71
min )
This REIT is down materially from its 2022 highs, but it continues to operate at a high level as it benefits from a unique regional focus.
( 71
min )
Berkshire Hathaway can't stop buying shares of this insurance titan.
( 71
min )
While he has more than two dozen stocks in his portfolio, four make up the vast majority of his holdings.
( 72
min )
These alternatives to Apple all have excellent stock return prospects.
( 73
min )
The idea of not having to pay rent while working a job might sound like a great perk. One flight attendant did just that and now lives a “dream life” thanks to the airline industry. What Happened: To be able to travel around the world is a dream come true. Thirty-three-year-old Alexandra Cosoff has done just that, leaving Queensland, Australia, to serve as a flight attendant for Emirates. Cosoff lives in Dubai but hasn't paid rent in ten years. Don’t Miss: How do billionaires pay less in income
( 71
min )
The monthly benefit checks are helpful, but for many, they're not nearly enough.
( 70
min )
The president's impact on the economy is generally exaggerated.
( 72
min )
Upstart has fallen out of favor with investors, but there are signs a turnaround is emerging.
( 71
min )
Some investors may be eyeing the recent dip in this fast-growing cybersecurity company as a buying opportunity.
( 70
min )
Medical Properties Trust pays a high-yielding dividend, but with underwhelming financials, the stock may be too risky.
( 71
min )
(Bloomberg) -- The Federal Reserve Bank of Kansas City’s annual economic symposium in Jackson Hole, Wyoming is winding down. Most Read from BloombergSydney Central Train Station Is Now an Architectural DestinationChicago's Migrant Surge Is Stirring Trouble for Democrats in DNC Host CityWith Housing Costs High, Democrats Hone YIMBY MessageHow the Cortiços of São Paulo Helped Shelter South America’s Largest CityWith Self-Driving Vans, Hamburg Tries to Make Microtransit WorkHere are some of the key
( 70
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An earnings report from NVIDIA Corporation (NASDAQ:NVDA) will be closely watched by investors and could be a market-leading indicator, a market strategist tells Benzinga ahead of the results coming Aug. 28 after market close. Nvidia Earnings on Watch: ...
( 71
min )
These companies have attractive near-term opportunities that could send their share prices higher.
( 71
min )
This chipmaker is set to capitalize on the growing demand for AI smartphones thanks to its largest customer.
( 71
min )
In a recent Twitter exchange, Elon Musk stirred up the conversation by commenting on Kamala Harris’s proposed economic policies, specifically targeting her ideas around price controls and new taxes. Responding to a tweet that supposedly outlined Harris’s proposed policies, including a 28% corporate tax, a 44.6% capital gains tax, and a 25% tax on unrealized gains, Musk quipped, “This path leads to bread lines & ugly shoes.” Don't Miss: The average American couple has saved this much money for re
( 71
min )
Don't be too quick to jump on the Wall Street bandwagon.
( 71
min )
This ETF is head and shoulders above the Dow Jones.
( 70
min )
Strong growth and secular tailwinds should help drive this tech titan to new heights.
( 72
min )
These technology titans are compelling picks at current price levels.
( 71
min )
Supermicro's stock has mismatched expectations.
( 71
min )
Bitcoin had a hot start to the year, but the market's excitement has normalized since then.
( 71
min )
This stock has undergone five stock splits, the last two of which were necessary to accommodate the revenue surge stemming from the launch of the iPhone.
( 70
min )
There are no certainties in equity markets, but these stocks look highly likely to deliver outsized returns.
( 71
min )
Before interest rates come down, you may want to consider loading up on these terrific income stocks.
( 71
min )
This Vanguard ETF looks poised to continue to outperform the S&P 500.
( 71
min )
Some REITs are better than others for those seeking a sustainable income stream.
( 71
min )
New York Community Bancorp faced adversity and crumbled. M&T Bank is sailing right along under the same conditions.
( 71
min )
This real estate investment trust is designed for steady growth and has an unmatched dividend track record.
( 71
min )
This company expects AI to drive a substantial increase in its addressable market in the long run.
( 71
min )
Nvidia's new Blackwell chips are delayed due to a design flaw.
( 71
min )
Debt levels in the United States and Europe are a risk for international financial stability and for Switzerland, Swiss Finance Minister Karin Keller-Sutter said in a newspaper interview published on Saturday. In an interview with Swiss daily Blick, Keller-Sutter extolled Switzerland's "disciplined" finances, which she said had enabled the country to deal with the economic challenges posed by the COVID-19 pandemic and Russia's invasion of Ukraine.
( 69
min )
These stocks are all down more than 30% in just three months.
( 71
min )
“We are researching ways to defer some portion of the capital gains tax.”
( 72
min )
With $1.4 million in your IRA at age 65, you have a robust nest egg that could potentially fund a secure retirement of 25 years or more. However, making sure that money lasts will require prudent planning. You’ll need to assess your income needs, balance investment risk and return, secure supplemental insured income streams, account […] The post I'm 65 With $1.4 Million in an IRA. How Do I Make Sure This Money Lasts the Rest of My Life? appeared first on SmartReads by SmartAsset.
( 72
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My monthly Social Security is $3,178, my pension will be $2,090 per month and my 401(k) has $800,000. If I use the 4% rule, where do I stand tax-wise? – Reggie This is a great question. I hope it goes without saying, but without having all of your information and completing a full tax return […] The post Ask an Advisor: I Have $800k in a 401(k) and $5,270 in Monthly Income From Social Security and My Pension. How Much Will I Pay in Taxes in Retirement? appeared first on SmartReads by SmartAsset.
( 73
min )
This ride-sharing specialist could be poised for a turnaround.
( 71
min )
These dividend stocks look like compelling buys right now.
( 72
min )
These are top stocks with strong brands that are managing through inflation.
( 69
min )
These ETFs are birds of a feather.
( 70
min )
The S&P 500's top three at year-end could look a little different than they do now.
( 71
min )
In the 12-month periods after the chipmaker's previous stock splits, its share price has, on average, fallen sharply.
( 71
min )
All three of these Vanguard ETFs should move higher as interest rates move lower.
( 71
min )
This all-important metric is likely to signal that the euphoria surrounding artificial intelligence (AI) is beginning to fade.
( 73
min )
Berkshire Hathaway has accumulated a tremendous amount of liquid capital on its balance sheet, which hints at an overvalued stock market.
( 72
min )
Catching Apple won't be easy, but these two titans could get there.
( 70
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Looking for ways to profit from the rise of AI? These companies are poised to win big with the technology.
( 72
min )
NextEra Energy Partners is walking a tightrope.
( 71
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Investors would be wise to keep these stocks on their watchlists, but not buy today.
( 71
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Devon Energy has a lofty yield, but you can't trust that yield like you can with these two energy giants.
( 71
min )
Data shows that stock-split stocks tend to continue their track record of outperformance.
( 73
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"The Powell pivot is here, as the Fed has now firmly turned dovish," Carson Group strategist Ryan Detrick said.
( 70
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Zat jij deze zomer in het buitenland en had je met je telefoon een slechte dekking? Je bent niet de enige. Telefoons kiezen in het buitenland zelf een netwerk, maar dat is niet altijd het netwerk met het beste bereik.
( 1
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Turkije kondigt een onderzoek aan naar onjuiste socialemediaberichten die vrijdag zorgden voor een flink verlies op de aandelenmarkt in Istanboel. Volgens die berichten zou minister van Financiën Mehmet Simsek zijn opgestapt.
( 1
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Bij Disney+ gaan de abonnementsprijzen komend najaar flink omhoog. Andere videodiensten, zoals Netflix en Videoland, worden ook steeds duurder. Maar we komen er moeilijk van af, zeggen experts.
( 1
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Starting in 2022, around the time the Federal Reserve began raising interest rates to combat surging inflation, a new paradigm took hold on Wall Street: 'Bad' economic was good news. Here's why that's no longer true.
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Retailers have seen customers remain resilient with their spending this summer, but economists predict that this won't last.
( 22
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Looming rate cuts and better-than-expected economic developments have fueled demand for riskier assets.
( 70
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Investors can buy one of the world's best businesses at a reasonable valuation.
( 71
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Peter Buffett, the son of legendary investor Warren Buffett, made a life-altering decision 47 years ago when he traded his inheritance “to buy time.” Although he missed out on what could have been hundreds of millions of dollars in profit, he stands by his choice, confident that his father would agree. Don't Miss: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? A billion-dollar investment strategy with minimums as low as $1
( 71
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The AI stock is on sale. Is it a buy?
( 71
min )
Chipmaker Could Give ‘Another Drop the Mic Performance,’ Wedbush Analysts Say
( 66
min )
Trump owns about 59% of Trump Media, which is the parent company of his social media platform, Truth Social.
( 67
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Investors are gearing up for a potential rate cut in September and assessing the opportunities in the market to funnel their capital. Dividend stocks are set to be back in action as history suggests they tend to perform well when the Fed starts a ...
( 73
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The Kamala Harris campaign has made one of its first concrete policy proposals this week with a tax plan. The centerpiece of the plan is a series of high-end tax increases on corporations and wealthy households worth approximately $5 trillion over 10 years. Specifically, Harris has proposed enacting the tax increases detailed in President Biden's […] The post Kamala Harris Supports Tax on Unrealized Capital Gains: What It Means for Wealthy Households appeared first on SmartReads by SmartAsset.
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Imagine sitting on a beach, the waves gently lapping at the shore as you sip on a drink with a tiny umbrella. That's the $2 million retirement dream. The idea of kicking back worry-free, because you've saved enough to enjoy your golden years in style. But here's the twist: how many people realize that dream? Can you guess what percentage of retirees manage to bank $2 million before they call it quits? Don't Miss: The average American couple has saved this much money for retirement — How do you c
( 71
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The rally in U.S. stocks faces an important test next week with earnings from chipmaking giant Nvidia, whose blistering run has powered markets throughout 2024. The S&P 500 has pared a sharp drop it suffered after U.S. economic worries contributed to a sell-off at the beginning of the month and again stands near a fresh all-time high. Nvidia, whose chips are widely seen as the gold standard in artificial intelligence, has been at the forefront of that rally, jumping by more than 30% since its recent lows.
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The streaming pioneer got some love from Wall Street.
( 70
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Elon Musk is facing serious financial problems with X, formerly known as Twitter. Since he bought the platform, its revenue has dropped by an incredible 84%, creating a huge financial gap that Musk might have to fill by selling more of his Tesla stock. This has some Tesla investors worried, as selling more stock could cause Tesla's value to drop, hurting everyone who owns shares in the company. Don't Miss: Here’s the AI-powered startup that turns traders into influencers achieving 12% monthly gr
( 71
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Find the latest TJX Companies, Inc. (The) (TJX) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
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In a recent episode of "The Ramsey Show," hosts Jade Warshaw and George Kamel tackled a financial dilemma faced by listener Jack from Boise, Idaho. Jack, 60, and his wife have a net worth of $6.5 million. Five million is in paid-off, income-producing real estate, bringing in about $200,000 annually. Plus, they both work a little here and there. Jack is frustrated by his wife's reluctance to spend more on personal and fun items, currently at $100 a month despite their wealth. Don't Miss: Are you
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You should seriously consider investing in only one of these four uranium stocks.
( 71
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Former President Donald Trump recently sparked a debate on health care during a press conference at his Bedminster golf club. He targeted Vice President Kamala Harris over her support for Medicare for All. While Harris no longer supports a single-payer health care system, Trump's words have many concerned about what her presidency could mean for Americans' health care premiums and taxes. Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. How do billionaires
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Management's comments suggest Nvidia's sales growth won't stay like this forever.
( 72
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The Federal Reserve is poised to cut its benchmark interest rate next month from its 23-year high, with consequences for consumers when it comes to debt, savings, auto loans and mortgages. Right now, most experts envision three quarter-point Fed cuts — in September, November and December — though even steeper rate cuts are possible. “The time has come” for the Fed to reduce interest rates, Powell said Friday in his keynote speech at the Fed’s annual economic conference in Jackson Hole, Wyoming.
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The widely followed growth investor is making moves this summer.
( 71
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AI is a tremendous tailwind, but valuations still matter.
( 72
min )
I am selling my house and the price is $504,999. After paying off this house I will net $400,000. Do I have to pay a capital gains tax as I’m planning to pay off my retirement home with the money I netted? – Thomas The answer is solidly "it depends," both in terms of whether […] The post AAA: I’m Selling My House and Netting $400k to ‘Pay Off My Retirement Home.’ Do I Have to Pay Capital Gains Tax? appeared first on SmartReads by SmartAsset.
( 73
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Looking for the next red-hot stock-split opportunities? These industry leaders should be on your radar.
( 72
min )
These companies have massive potential in AI and could go far over the long term.
( 71
min )
Former employees of Autonomy, key figures in the HP acquisition, and lawyers who defended Lynch were all on board the Bayesian superyacht.
( 72
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As a senior citizen, you probably will end up paying property taxes for as long as you are a homeowner. However, depending on the state you live in and often once you hit your 60s (usually around the ages of … Continue reading → The post At What Age Do Seniors Stop Paying Property Taxes? appeared first on SmartAsset Blog.
( 66
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Buffett has been making some huge moves lately, and these two stocks are his company's biggest bets.
( 72
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The rapid growth this chip stock has been delivering is likely to be rewarded with more upside on the market.
( 72
min )
This cybersecurity company is scratching the surface of a huge opportunity and is growing at an impressive pace.
( 71
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“The longer this new CEO goes without making a huge impact that's noticeable internally as well as externally, the worse this decision will look."
( 72
min )
Entrepreneurs like Elon Musk pay too little tax. But a levy on unrealized capital gains for those with $100 million in the bank risks stifling innovation.
( 66
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It's time to load up big on these three stocks that boast a solid track record of dividend payments.
( 73
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These profitable tech leaders are surefire bets for long-term investors.
( 71
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This do-it-all fund is an excellent option for any dividend investor.
( 71
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News of the day for August 23, 2024
( 71
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Will Walgreens dump its stake in VillageMD?
( 71
min )
Nvidia sees an opportunity in an up-and-coming robotics stock.
( 71
min )
The Nasdaq correction created some compelling investment opportunities. These two could be massive.
( 72
min )
Find the latest Sun Life Financial Inc. (SLF) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
min )
Find the latest Lockheed Martin Corporation (LMT) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 47
min )
Find the latest Sunrise Realty Trust, Inc. (SUNS) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
min )
These stocks are down for reasons that won't last. Don't be surprised if they start to recover in the near future.
( 72
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These proven winners can fuel your returns for a happy retirement.
( 71
min )
Alibaba Group Holding said it would switch its listing status in Hong Kong, in a technical move that qualifies the technology behemoth to sell shares to mainland China's 220 million stock investors. The Hangzhou-based company, whose shares had been listed in New York since 2014 and in Hong Kong since 2019, will convert into a dual-primary listing status on the Hong Kong stock exchange starting August 28, from its previous secondary listing status, according to a statement on Friday. The new desi
( 72
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Concentration is key for the Oracle of Omaha, with $193.3 billion of Berkshire Hathaway's capital invested in four brand-name businesses.
( 73
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(Bloomberg) -- If Treasury and US stock markets are betting on one thing from Jerome Powell at the Jackson Hole symposium Friday, it’s this: He’ll play it safe.Most Read from BloombergChicago's Migrant Surge Is Stirring Trouble for Democrats in DNC Host CitySydney Central Train Station Is Now an Architectural DestinationWith Housing Costs High, Democrats Hone YIMBY MessageWith Self-Driving Vans, Hamburg Tries to Make Microtransit WorkUK Transport Minister Clears Path for More 20mph Speed ZonesIt
( 71
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Stock-split stocks Nvidia and Super Micro Computer have led the market higher this year.
( 72
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Despite tallying total gains, including dividends, of 150,000% since its initial public offering (IPO), this dominant company hasn't split its stock since the start of the century.
( 72
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Investors poured $37 billion into cash-like money market funds (MMFs) in the week to Wednesday, Bank of America said on Friday, as they braced for the U.S. Federal Reserve to cut interest rates in September. It put MMFs on track for their biggest three-week cumulative inflow since January at $145 billion, BofA said, citing figures from financial data provider EPFR. Investors put $20.4 billion into stocks, $15.1 billion into bonds, and $1.1 billion into gold, BofA said, in its weekly round up of flows in and out of world markets.
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There's a lot to love about the AI chipmaker.
( 72
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If you are looking for yield, this pair of dividend stocks will be right up your alley. And both are large and important companies.
( 71
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Dividend stocks can offer a good alternative to growth opportunities during periods of market volatility.
( 73
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(Bloomberg) -- The yen rose after Bank of Japan Governor Kazuo Ueda signaled it’s still on the path to raise interest rates. Asian equities erased losses with a boost from Chinese shares, as traders wait on Federal Reserve Chair Jerome Powell’s Jackson Hole speech later Friday.Most Read from BloombergChicago's Migrant Surge Is Stirring Trouble for Democrats in DNC Host CityUK Transport Minister Clears Path for More 20mph Speed ZonesWith Self-Driving Vans, Hamburg Tries to Make Microtransit WorkT
( 72
min )
Alibaba will be able to tap into a pool of 220 million stock investors in mainland China.
( 69
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Asian shares were mixed in muted trading Friday ahead of a speech by Federal Reserve Chair Jerome Powell that might deliver clues on how quickly and deeply the Fed may cut interest rates. Japan’s benchmark Nikkei 225 rose 0.5% to 38,408.44. Japan's plans for interest rates were also closely watched.
( 71
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After more than two and a half years of aggressive monetary tightening, U.S. Federal Reserve Chairman Jerome Powell is widely expected to indicate an impending shift towards easing monetary policy. What Happened: Powell's highly anticipated keynote address at the Kansas City Fed’s Jackson Hole Economic Symposium is scheduled for Friday at 10 a.m. ET, and this event has historically been used by Fed chairs, including Powell, to signal significant changes in central bank policy, Coindesk reported.
( 71
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Shareholders of Chinese e-commerce giant Alibaba Group have approved a plan to upgrade its Hong Kong listing to primary status effective Aug. 28, the company said on Friday.
( 68
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(Bloomberg) -- The Federal Reserve Bank of Kansas City’s annual gathering in Jackson Hole, Wyoming kicked off Thursday evening with a dinner filled with central bankers, economists and reporters from the around the world. Here’s what to expect from the three-day conference:Most Read from BloombergChicago's Migrant Surge Is Stirring Trouble for Democrats in DNC Host CityUK Transport Minister Clears Path for More 20mph Speed ZonesWith Self-Driving Vans, Hamburg Tries to Make Microtransit WorkThe S
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min )
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Roku shares popped Friday after analysts at Guggenheim reportedly upgraded the stock to "buy" from "neutral," citing improving monetization efforts.
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Chipmaker Could Give ‘Another Drop the Mic Performance,’ Wedbush Analysts Say
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The S&P 500 added 1.2% on Friday, Aug. 23, 2024, after Fed Chair Jerome Powell indicated the central bank is prepared to lower interest rates.
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New home sales rose in July as homebuyers were encouraged by lower rates and builder incentives.
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Intuit is the S&P 500's worst-performing stock Friday, a day after the TurboTax and Credit Karma parent reported a surprise fourth-quarter loss and a soft profit outlook.
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Both presidential nominees have released economic policy proposals. Economists have found some of the ideas polarizing.
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Nvidia will report earnings on Aug. 28, with investors likely to be watching for data center segment growth and any updates on reported delays of its Blackwell chip.
( 22
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Nvidia will report earnings on Aug. 28, with investors likely to be watching for data center segment growth and any updates on reported delays of its Blackwell chip.
( 22
min )
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Ross Stores shares rose in intraday trading Friday, a day after the discount clothing retailer raised its full-year profit outlook but acknowledged a challenging customer spending environment.
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In a speech at the Jackson Hole Economic Policy Symposium conference Friday, Federal Reserve Chair Jerome Powell said it was time for the Fed to make a major shift.
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Cava Group shares surged Friday, a day after the company raised its 2024 guidance and said its new grilled steak offering is "significantly outperforming" expectations.
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min )
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Nestlé SA shares fell in Swiss trading Friday, a day after the chocolate maker replaced CEO Mark Schneider amid slowing sales.
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Skydance Media reportedly is demanding that Paramount Global stop negotiating with Edgar Bronfman Jr., arguing that the entertainment giant breached the terms of its takeover agreement by extending the "go-shop" deadline to Sept. 5.
( 21
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News of the day for August 23, 2024
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Shares Rose 11% in Extended Trading Thursday
( 19
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NU.nl-lezers reageerden verbolgen op het nieuws dat personeel van regiovervoerders het werk neerlegt. Ze snappen niet dat het werk van buschauffeurs en machinisten zwaar wordt gevonden en dat personeel met vroegpensioen wil. Wij vroegen het een machinist en twee buschauffeurs, die van mening verschillen.
( 1
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NU.nl-lezers reageerden verbolgen op het nieuws dat personeel van regiovervoerders het werk neerlegt. Ze snappen niet dat het werk van buschauffeurs en machinisten zwaar wordt gevonden en dat personeel met vroegpensioen wil. Wij vroegen het een machinist en twee buschauffeurs, die van mening verschillen.
( 1
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De Amerikaanse centrale bank is van plan binnenkort de rente te verlagen, meldt persbureau Bloomberg. In welk tempo dat zal gebeuren, laat Fed-voorzitter Jerome Powell nog in het midden.
( 1
min )
Grote luchtvaartmaatschappijen vliegen sinds kort weer vaker over Afghanistan op hun route tussen Europa en Azië. Jarenlang meden ze het luchtruim van dat land, maar door het Midden-Oostenconflict is vliegen over Afghanistan opeens een relatief veilige keuze.
( 1
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Grote luchtvaartmaatschappijen vliegen sinds kort weer vaker over Afghanistan op hun route tussen Europa en Azië. Jarenlang meden ze het luchtruim van dat land, maar door het Midden-Oostenconflict is vliegen over Afghanistan opeens een relatief veilige keuze.
( 1
min )
China gaat mogelijk invoertarieven heffen op auto's uit het buitenland. Het is een reactie op hogere Europese en Amerikaanse heffingen op Chinese auto's.
( 1
min )
Woningeigenaren hebben steeds meer moeite om onderhoud te laten plegen aan hun warmtepomp. Dat meldt de Vereniging Eigen Huis (VEH), die daarom een meldpunt heeft geopend.
( 1
min )
De export van de twintig grootste economieën van de Europese Unie is het afgelopen kwartaal niet gegroeid, meldt de OESO. In het eerste kwartaal was dit nog wel het geval.
( 1
min )
Britse huishoudens krijgen in aanloop naar de winter een stevige verhoging van de energierekening voor hun kiezen. Ze moeten vanaf oktober gemiddeld 10 procent meer betalen dan in het huidige kwartaal door een verhoging van het prijsplafond.
( 1
min )
De ontwikkelaar achter de smartphoneapp Giggle for Girls is door de Australische rechter bestraft voor discriminatie. De ontwikkelaar laat alleen vrouwen toe tot zijn app en ontzegde een transgender vrouw de toegang omdat zij als man is geboren.
( 1
min )
De ontwikkelaar achter de smartphoneapp Giggle for Girls is door de Australische rechter bestraft voor discriminatie. De ontwikkelaar laat alleen vrouwen toe tot zijn app en ontzegde een transgender vrouw de toegang omdat zij als man is geboren.
( 1
min )
Disney+ verhoogt komend najaar de prijzen van abonnementen. Vanaf 17 oktober betalen kijkers 13,99 euro per maand voor de streamingsdienst, 3 euro meer dan op dit moment. Minder betalen kan ook, maar dan krijg je een nieuw abonnement met reclames.
( 1
min )
Disney+ verhoogt dit najaar de prijzen van abonnementen voor de streamingsdienst. Vanaf 17 oktober betalen kijkers 13,99 euro per maand, 3 euro meer dan op dit moment. Minder betalen kan ook, maar dan krijg je een nieuw abonnement met reclames.
( 1
min )
I’m trying to work out if I’ve ever heard as much nonsense in such a short period of time as I’m hearing right now about the Biden-Harris plan to tax unrealized capital gains.
( 72
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"A possible hawkish surprise might be highlighting instead that broad financial conditions are still quite easy," Goldman Sachs said.
( 70
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In contrast with industry peers whose stocks have been lifted by AI hopes, Intel shares are down nearly 60% in 2024 after having one of the most significant declines in the S&P 500 Thursday.
( 69
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This comes after veteran media executive Edgar Bronfman Jr sweetened his bid to take over Paramount offering $6 billion for its controlling shareholder National Amusements and a minority stake in Paramount. Shares of Paramount, the home of Paramount Pictures, the CBS broadcast network and cable networks such as MTV, were down 2.7% in extended trading.
( 69
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Down 60% year to date, does Intel have what it takes to capitalize on AI opportunities and deliver big wins for investors?
( 70
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NBA fans under 40 may not recognize Vinnie Johnson, but he was an integral member of the great Detroit Pistons teams of the 1980s. Known as the "Bad Boys," they won back-to-back championships, largely because of their notoriously physical play. ...
( 71
min )
(Bloomberg) -- Intel Corp. director Lip-Bu Tan, a semiconductor industry veteran brought in two years ago to help with the chipmaker’s comeback effort, has stepped down from the board. Most Read from BloombergChicago's Migrant Surge Is Stirring Trouble for Democrats in DNC Host CityUK Transport Minister Clears Path for More 20mph Speed ZonesWith Self-Driving Vans, Hamburg Tries to Make Microtransit WorkThe Serious Work That Free Play Can DoTan informed the board on Aug. 19 that he would be leavi
( 70
min )
Conservatives fabricated a claim that Harris would tax everyone's unrealized capital gains, but she would do so for those with more than $100 million in wealth. Is that bad?
( 74
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Imagine getting a report card to show how ready you are for retirement. Now, imagine that report card comes back with a big, fat "F." That's pretty much what labor economist Kathryn Anne Edwards is saying about the state of retirement security in America. According to her, most Americans aren't even close to being ready for those golden years. Don't Miss: Founder of Personal Capital and ex-CEO of PayPal re-engineers traditional banking with this new high-yield account — start saving better today
( 71
min )
Intel's director Lip-Bu Tan, a semiconductor industry veteran brought in 2022 to help with the chipmaker's comeback effort, is stepping down from its board, Bloomberg News reported on Thursday, citing people familiar with the situation.
( 68
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(Bloomberg) -- Bond yields climbed and stocks struggled, with traders gearing up for Jerome Powell’s speech on Friday amid bets he’ll signal willingness to cut rates albeit at a moderate pace.Most Read from BloombergChicago's Migrant Surge Is Stirring Trouble for Democrats in DNC Host CityUK Transport Minister Clears Path for More 20mph Speed ZonesWith Self-Driving Vans, Hamburg Tries to Make Microtransit WorkThe Serious Work That Free Play Can DoThat would throw a bit of cold water on market ex
( 72
min )
(Bloomberg) -- Lenders to Franchise Group Inc., the troubled firm at the center of turmoil surrounding B. Riley Financial Inc., gave its managers a short reprieve to work out a plan for its roughly $1.5 billion debt load.Most Read from BloombergChicago's Migrant Surge Is Stirring Trouble for Democrats in DNC Host CityUK Transport Minister Clears Path for More 20mph Speed ZonesWith Self-Driving Vans, Hamburg Tries to Make Microtransit WorkThe Serious Work That Free Play Can DoA group of first-lie
( 70
min )
Artificial intelligence server company Super Micro Computer, Inc (NASDAQ:SMCI) stock is trading lower Thursday in sympathy with the broader semiconductor selloff led by its clients, including Nvidia Corp (NASDAQ:NVDA) and Advanced Micro Devices, Inc (NASDAQ:AMD). Despite the selloff, analysts continue to hail Nvidia as the critical AI play, implying the continued potential for the AI frenzy. The selloff has rendered the valuation of the semiconductor companies as more attractive entry points. Su
( 69
min )
Annuity rates won’t last.
( 72
min )
Is Intel getting ready to announce bad news about its European chip fab strategy?
( 70
min )
Nvidia (NASDAQ:NVDA) continues to be one of the most demanded stocks in the tech sector, with Itau BBA analysts offering a detailed assessment of its prospects and a fair price range for the semiconductor company's shares.
( 69
min )
I can't time the market, but regardless of what happens, I'm convinced that this business will be just fine.
( 71
min )
Advance Auto Parts is in trouble, and things are getting worse.
( 70
min )
Black Bay Energy Capital's operations are focused on the eastern flank of the Delaware Basin.
( 70
min )
Retirement marks one of the great transitions in your life. For most people, until your late-teens or early-twenties you define your time by going to school. After that your schedule is shaped around the need to work and earn a … Continue reading → The post Five Fun Hobbies to Take Up in Retirement appeared first on SmartAsset Blog.
( 73
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I was left $200,000 in an IRA Beneficiary Distribution Account (BDA) when my father passed. I have 10 years to withdraw this money. I'm at the 35% federal tax rate currently and plan to make a similar annual income over the next 10 years. Taking the money out in one lump sum would not change […] The post Ask an Advisor: My Dad Left Me $200k in an IRA, but I’m in the 35% Tax Bracket. How Should I Structure My Withdrawals? appeared first on SmartReads by SmartAsset.
( 73
min )
TD Bank reported a surprise third-quarter loss, thanks to the billions of dollars the company set aside anticipating fines from investigations into its anti-money laundering practices.
( 69
min )
These stocks are primed to provide long-term, cash-flow growth.
( 71
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(Bloomberg) -- Technology giants that want to spend big on artificial intelligence and stay in the good graces of investors should take a page out of Meta Platforms Inc.’s playbook.Most Read from BloombergChicago's Migrant Surge Is Stirring Trouble for Democrats in DNC Host CityUK Transport Minister Clears Path for More 20mph Speed ZonesWith Self-Driving Vans, Hamburg Tries to Make Microtransit WorkThe Serious Work That Free Play Can DoThe Mark Zuckerberg run company has seen its shares gain 13%
( 71
min )
Buffett has said he'll never sell this stock.
( 72
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Interactive fitness platform provider Peloton Interactive, Inc. (NASDAQ:PTON) stock jumped during premarket trading on Thursday after the company reported better-than-expected fourth-quarter results. The company reported sales of $643.6 million, up marginally by 0.2% year over year, beating the consensus of $630.5 million and outperforming the company’s $618 million-$643 million implied guidance range. “We achieved modest Y/Y revenue growth in Q4 for the first time since Q2 FY22”, the company sa
( 70
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Illinois Governor JB Pritzker made waves during his speech at the Democratic National Convention on Tuesday. Pritzker, a billionaire family member behind the Hyatt hotel chain, said, “Take it from an actual billionaire, Trump is rich in only one ...
( 71
min )
These hot brands are surefire bets to beat the market.
( 72
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Jennifer Lopez officially filed for divorce from Ben Affleck, ending the Hollywood relationship after two years of marriage. The couple has also put their former home, a 38,000-square-foot mansion in Beverley Hills, up for sale. Trending Now: A ...
( 70
min )
Organizations linked to Bill Ackman, Larry Ellison and Sean Combs (aka Diddy) were mentioned in the filing.
( 72
min )
Artificial intelligence technology could turbocharge this company's private sector business.
( 70
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The Oracle of Omaha remains a great source of investment ideas for your portfolio.
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The artificial intelligence stock more than doubled this year, despite its recent struggles.
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Nvidia's record margins may come under scrutiny in the future.
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Bill Gates, the largest private owner of farmland in the United States with nearly 250,000 acres in his portfolio, has drawn attention to the growing allure of farmland as an investment. For those intrigued by agricultural land’s stability and ...
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The pullback is good news.
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Eli Lilly's valuation may seem high right now, but with fast earnings growth, today's price could look like a deal in a few years.
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There are plenty of ways to invest without targeting high-flying growth stocks.
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TD said on Wednesday it expects a global resolution to the AML probes by year-end, which will include monetary and non-monetary penalties. Analysts have cautioned that TD could face restrictions on its future growth in the U.S. as a fallout of the probe, given the possibility of non-monetary penalties such as an asset cap.
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This leading pharmaceutical stock is flying under the radar right now.
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These companies' stocks are known for their reliability and could be excellent long-term holds.
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Dozens of carbon reduction schemes in China are alleged to be fake, leaving Germany with a potential $5 billion fraud case.
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These companies have delivered stellar gains in recent years but are likely nowhere near hitting their ceilings.
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Instead of buying the dip on CrowdStrike, go with the safer cybersecurity brand in Palo Alto Networks.
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Even if analysts' price targets aren't reached, these stocks should pay investors handsomely to own them.
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Warren Buffett's Berkshire Hathaway conglomerate was busy selling Apple stock during the second quarter of 2024, but there was one stock it continued to buy.
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"Stop giving him stock. He's clearly got too much and that's why he's getting rid of it."
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Investing.com -- Snowflake (NYSE:SNOW) raised its annual guidance Wednesday after the data analytics company's second-quarter results topped Wall Street estimates as ongoing AI demand fueled demand. However, the company's shares still fell more than 8% in Thursday's premarket trade.
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Walmart and Nvidia announced (and completed) stock splits earlier this year.
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The billionaire money manager behind the most-profitable hedge fund of all-time is dumping shares of artificial intelligence (AI) kingpin Nvidia in favor of three other rapidly growing stocks.
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Medical Properties Trust thinks things will look up once it puts Steward in the past.
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In light of recent events, Aug. 28 could be one of the most important days in CrowdStrike's history.
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Artificial intelligence isn't the only stock market catalyst to have caught Wall Street's attention.
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Investors are expecting the Federal Reserve to cut interest rates in September, but Nvidia's upcoming earnings report might be an even bigger event.
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Some of the worst economic crises in decades couldn't stop these three companies from lining shareholder pockets with cash.
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A more attractive valuation and impressive operational performance make this stock a better buy than its more-famous peer.
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The graphics specialist seems set to deliver a solid set of results next week, and that's likely to give these two stocks a shot in the arm.
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These companies are on growth paths that could deliver major gains in the coming years.
( 72
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All three stocks are cheap, but one has head-turning growth to go with it.
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(Bloomberg) -- The euro’s August gains have been relentless, taking it to a one year high against the dollar on Wednesday, but a cautious tone from Federal Reserve Chair Jerome Powell on Friday could turn that momentum around. Most Read from BloombergThe Serious Work That Free Play Can DoThere’s about $2.29 trillion of turnover each day in the euro-dollar currency pair — around a third of all foreign-exchange volume globally. Because it’s so easy for sellers to find buyers, and vice versa, it ha
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(Bloomberg) -- Stocks in Asia wobbled ahead of key events from the Federal Reserve and the Bank of Japan that will help define the global rates trajectory. Most Read from BloombergThe Serious Work That Free Play Can DoThe MSCI Asia Pacific Index pared a 0.4% advance as benchmarks in Japan and Hong Kong came off session highs and Chinese equities fell. US stock futures slipped in Asian trading, after the S&P 500 and Nasdaq 100 indexes posted modest gains on further signs the Fed will cut interest
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The pending signal, if confirmed, would imply a challenging time ahead, according to analysis by Fairlead Strategies.
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Shares Slumped 8% in Extended Trading on Wednesday
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PayPal announced that its competitor will be offerings its Fastlane service
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Shares in an investor favorite during the early months of the COVID-19 pandemic jumped to their highest level in six months.
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Crocs shares rose for the second straight session Thursday after the actress from "Euphoria" and "Anyone But You" gave the company a boost.
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The Jackson Hole Economic Symposium starts Thursday, and economists from across the globe—including U.S. central bankers—are descending on Wyoming.
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NetEase stock tumbled as the company’s second-quarter profit failed to meet expectations despite growing video game revenue.
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In contrast with industry peers whose stocks have been lifted by AI hopes, Intel shares are down nearly 60% in 2024 after having one of the most significant declines in the S&P 500 Thursday.
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Starbucks is launching its fall lineup, including its popular pumpkin spice products, earlier than ever this year.
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The S&P 500 dropped 0.9% on Thursday, Aug. 22, as tech stocks faltered ahead of Fed Chair Jerome Powell's Friday remarks.
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Stocks slipped on Thursday as Wall Street waited to hear what Federal Reserve Chair Jerome Powell would say at the Fed’s annual Jackson Hole Economic Policy Symposium, which this year comes at a critical turning point for the central bank.
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Viking shares tumbled Thursday after the cruise operator posted weaker-than-expected results for the second quarter as one-time charges weighed on profits.
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Williams-Sonoma shares tumbled in intraday trading Thursday as struggling comparable sales led the high-end retailer to cut its full-year projections.
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Shares Fell More Than 20% Early Thursday
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Initial jobless claims came in at 232,000, higher than economists expected and up from the prior week. However, economists think it won't affect the unemployment rate much.
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Initial jobless claims came in at 232,000, a couple thousand higher than economists expected, and up from the prior week.
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More homes are up for sale, but not enough to drive prices down or break the slow housing market from the doldrums.
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Peloton Interactive shares raced higher in intraday trading Thursday after the company posted quarterly revenue growth for the first time in more than two years.
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U.S. equities fell at midday Thursday amid anticipation of economic data and comments from Federal Reserve officials.
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Walmart on Thursday announced a new perk for Walmart+ members—a 25% discount on Burger King online orders, along with a free Whopper every three months with any purchase—as retailers battle for paid subscriptions.
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Walmart on Thursday announced a new perk for Walmart+ members—a 25% discount on Burger King online orders, along with a free Whopper every three months with any purchase—as retailers battle for paid subscriptions.
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BJ's Wholesale shares slumped Thursday after the retailer said full-year adjusted earnings per share could be at the low end of its forecast because of long-term investments.
( 21
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Paramount Global said that its special committee extended the "go-shop" deadline to Sept. 5 as it reviews the latest takeover bid by Edgar Bronfman Jr. that may trump Skydance Media's accepted offer.
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Urban Outfitters shares are approaching their lowest point since the start of the year. Here's why.
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TD Bank reported a surprise third-quarter loss, thanks to the billions of dollars the company set aside anticipating fines from investigations into its anti-money laundering practices.
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Shares of Bavarian Nordic are surging 12% in Danish trading after the company with the only approved mpox vaccine in the U.S. and Europe posted a quarterly revenue beat and announced a huge vaccine order.
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News of the day for August 22, 2024
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The SPDR S&P Retail ETF remains in focus earnings reports on Wednesday showed that while consumers remain prudent, there are signs of a rebound in discretionary spending in some segments. Monitor these important chart levels.
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Shares Slumped 8% in Extended Trading on Wednesday
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Apple gaat het in de Europese Unie mogelijk maken om de standaardapps op iPhones en iPads te verwijderen, zoals de internetbrowser Safari en de App Store. Met die maatregel komt de smartphonefabrikant tegemoet aan nieuwe eisen van de EU.
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Apple gaat het in de Europese Unie mogelijk maken om de standaardapps op iPhones en iPads te verwijderen, zoals internetbrowser Safari en de App Store. Met die maatregel komt de smartphonefabrikant tegemoet aan nieuwe eisen van de EU.
( 1
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Apple gaat het in de Europese Unie mogelijk maken om de standaardapps op iPhones en iPads te verwijderen, zoals internetbrowser Safari en de App Store. Met die maatregel komt de smartphonefabrikant tegemoet aan nieuwe eisen van de EU.
( 1
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Voor de fabriek van Tesla die de afgelopen jaren bij Berlijn is gebouwd, zijn zo'n 500.000 bomen gekapt. Dat meldt de Britse krant The Guardian op basis van cijfers van onderzoeksbureau Kayrros.
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Voor de fabriek van Tesla die de afgelopen jaren bij Berlijn is gebouwd, zijn zo'n 500.000 bomen gekapt. Dat meldt de Britse krant The Guardian op basis van cijfers van onderzoeksbureau Kayrros.
( 1
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Het nieuws dat zonnepanelen en thuisaccu's met een stekker niet zonder risico's zijn, leverde op ons reactieplatform NUjij veel reacties en felle discussies op. In dit artikel beantwoordt techverslaggever Tim Wijkman-van Aalst jullie beste en meestgestelde vragen.
( 1
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Personeel van regiovervoerders legt woensdag 11 september in de ochtend het werk neer. Daarmee willen ze werkgevers en de politiek dwingen om te komen met een nieuwe regeling voor wie zwaar werk heeft en daarom eerder met pensioen wil.
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De organisatie van de Formule 1-wedstrijd in Zandvoort heeft recht op 3 miljoen euro van de kaartverkoper Platinium Group. Dat heeft de rechter donderdag bepaald in een zaak over tickets voor de wedstrijd die dit weekeinde wordt verreden.
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De Autoriteit Consument & Markt (ACM) gaat de verkoop van neprecensies aanpakken. Daarom start de toezichthouder onderzoeken naar partijen die dit soort verzonnen reviews kopen.
( 1
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Een groep Zeeuwse zonnepaneleneigenaren krijgt van 20 augustus tot 30 september een beloning als ze helpen bij het ontlasten van het stroomnet. Zetten ze op zonnige momenten de omvormer van hun panelen uit, dan krijgen ze een vergoeding van energieleverancier Eneco en netbeheerder Stedin.
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Waar normaal gesproken werknemers zich veel minder ziek melden in de zomer, was dat dit jaar nauwelijks het geval. Door een zomerse griepgolf en een kleine opleving van het coronavirus zakte het ziekteverzuim in de maand juni amper.
( 1
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Holland Casino vreest in de komende jaren forse verliezen te lijden als de verhoging van de kansspelbelasting in 2025 ingaat. Directeur Petra de Ruiter zegt dat het bedrijf genoodzaakt zal zijn tot agressieve campagnes om gokkers te werven en alsnog winst te maken.
( 1
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De huizenprijzen waren vorige maand gemiddeld 10,6 procent hoger dan een jaar eerder. Dat blijkt uit cijfers van statistiekbureau CBS en het Kadaster. Het is de grootste stijging in bijna twee jaar.
( 1
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De huizenprijzen waren vorige maand gemiddeld 10,6 procent hoger dan een jaar eerder. Dat blijkt uit cijfers van statistiekbureau CBS en het Kadaster. Het is de grootste stijging in bijna twee jaar.
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Shares of the chipmaker, however, surged around 6% in extended trading, as CEO Gregg Lowe said the company continues to see strong growth from its Mohawk Valley, New York-based chip fabrication facility. In June, Wolfspeed had said it faced issues with equipment at its Durham-based 150-mm chip fabrication plant and which could potentially impact its first-quarter revenue by about $20 million. Meanwhile, Wolfspeed's Mohawk Valley chip fabrication plant is targeted to reach 25% of its operating capacity in the first quarter, ahead of schedule.
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Palantir is a high-risk, high-potential-return stock.
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(Bloomberg) -- Toronto-Dominion Bank is taking a provision of $2.6 billion for fines it expects to pay for failures in its money-laundering controls, and has sold part of its stake in Charles Schwab Corp. to fund it. Most Read from BloombergThe Serious Work That Free Play Can DoCanada’s second-biggest bank made the announcement on Wednesday after markets closed. Its Schwab stake will fall to 10.1% from 12.3%. Last year, Toronto-Dominion’s landmark $13.4 billion deal to acquire First Horizon Corp
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Nvidia's stock has tended to pop after its quarterly earnings are announced.
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UiPath's stock has gotten slammed in 2024.
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It deepened its involvement in a client and peer.
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Veteran media executive Edgar Bronfman Jr has sweetened his offer to $6 billion for National Amusements and a minority stake in Paramount Global, people familiar with the matter told the Wall Street Journal on Wednesday. He had previously offered $4.3 billion, according to Reuters sources.
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Nvidia reports second-quarter earnings on that date.
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CrowdStrike reports fiscal second-quarter earnings on Aug. 28, with investors likely watching for indications of how the July global outage spurred by its update will affect the cybersecurity company.
( 69
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(Bloomberg) -- Snowflake Inc. gave a sales outlook that failed to reassure investors that the company will gain ground in the market for artificial intelligence software tools. The shares fell in extended traded.Most Read from BloombergThe Serious Work That Free Play Can DoProduct revenue, which makes up the bulk of Snowflake’s business, will be $850 million to $855 million in the period ending in October, the company said Wednesday in a statement. Analysts, on average, predicted $848 million, a
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Snowflake's second-quarter revenue grew from the year-ago period and beat analysts' projections, but losses widened as costs rose.
( 69
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Nvidia is expected to post strong quarterly results on demand for its artificial intelligence chips, despite a reported delay in its Blackwell chips.
( 69
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Microsoft on Wednesday cut its first-quarter intelligent cloud forecast, the technology giant said in an investor presentation. The company now expects intelligent cloud revenue to be between $23.80 billion and $24.10 billion, compared with its prior expectations of $28.6 billion and $28.9 billion.
( 68
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Analysts are beginning to zero in on the potential impact of weight loss drugs like Ozempic and Zepbound on the food and beverage industry. These drugs work by cutting cravings for crunchy snacks and sugary drinks. No cravings mean no temptations to ...
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Is the stock's recent sell-off a buying opportunity?
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The co-Chief Investment Officer (CIO) of a Franklin Resources unit took a leave of absence after receiving a Wells Notice from the Securities and Exchange Commission (SEC).
( 69
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Should you buy the dip on this high-flying AI stock?
( 70
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Most Federal Reserve officials agreed last month that they would likely cut their benchmark interest rate at their next meeting in September as long as inflation continued to cool. The minutes of the Fed’s July 30-31 meeting, released Wednesday, said the “vast majority" of policymakers “observed that, if the data continued to come in about as expected, it would likely be appropriate to ease policy at the next meeting.” At the July meeting, the policymakers kept their benchmark rate at 5.3%, a near-quarter-century high, where it's stood since July 2023.
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Canada's two main freight rail companies locked out around 10,000 of their Canadian unionized workers early on Thursday, starting an unprecedented simultaneous work stoppage that will grind almost all railway freight movement in the country to a halt. HOW INTEGRATED ARE THE RAIL NETWORKS ACROSS NORTH AMERICA? Canadian National Railway Co and Canadian Pacific Kansas City have said their rail networks south of the border will continue to operate, but industry groups fear that a work stoppage would have far-reaching effects on the movement of goods and commodities across North America.
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Find the latest United States Steel Corporation (X) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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The five-buck deal, made famous by a memorable jingle, ended in 2014. Subway’s footlongs can now run anywhere from around $8 to $15.
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Renee from San Jose recently called into the Dave Ramsey Show, seeking advice on a dilemma many can relate to – finding the motivation to continue working in a career she loves but that is increasingly overwhelming. Don't Miss: Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? Founder of Personal Capital and ex-CEO of PayPal re-engineers traditional banking with this new high-yield account — start saving better today. At 47, Renee is a successful OB-
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Starbucks is letting its incoming CEO Brian Niccol to commute to work from California home. The coffee chain is allowing him the option to fly on the company jet.
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Oaktree is discussing buying a stake of 51% to 55% in B. Riley's appraisal and valuation services arm and its retail, wholesale and industrial solutions unit, entities formerly known as Great American Group, the report added, citing people with knowledge of the matter. Oaktree Capital and B. Riley did not immediately respond to Reuters requests for comment.
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This beaten-down innovator is tweaking its marketing strategy and staging a comeback.
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Every year, Realtor.com rolls out its list of the hottest ZIP codes in the United States. This list shows where potential homebuyers are searching and where homes are selling fastest. Realtor.com calculates the list using an algorithm that measures ...
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In an episode of Hart to Heart, Kevin Hart’s talk show, both Hart and billionaire investor Mark Cuban shared a regretful tale that might make any entrepreneur cringe: they both passed on the chance to invest in Uber during its early stages. Don't Miss: Don’t miss out on the next Nvidia – you can invest in the future of AI for only $10. This startup is on the brink of a huge disruption to the $654 billion industry – Here’s how to invest in it before as the offer closes today reaching its 800 pre-
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What goes up must come down, right? It works with gravity – but for the past couple of years the stock markets haven’t seemed to operate that way. The bull run shows no signs of ending – unless veteran investment strategist David Roche is right in his most recent predictions. Roche is predicting that three factors will act together to bring the bulls to a halt by next year: disappointing rate cuts from the Federal Reserve; lower-than-expected earnings in the second half of this year; and a comin
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One of these businesses is more capital-intensive than the other.
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AmEx downgraded, Texas Instruments upgraded: Wall Street's top analyst calls
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The green energy company is down 97% from its high point in 2021. Here's what you should know before buying it today.
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We're moving into a multi-year phase that finally favors value names over growth stocks. Here's how to play it.
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Share of the integrated oil giant have fallen dramatically over the past few months. Is it time to buy, or is there likely to be a better opportunity ahead?
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Ford Motor Co. is changing its electric vehicle plans and now will focus on making two new electric pickup trucks and a new commercial van. Ford, which is losing millions on its current EVs, gave few details about the new products. The changes will force Ford to write down $400 million of its current assets, and it also expects to have additional expenses of up to $1.5 billion.
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(Bloomberg) -- JT Group agreed to buy discount cigarette maker Vector Group Ltd. for about $2.4 billion to expand its position in the US market.Most Read from BloombergThe Serious Work That Free Play Can Do‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidPart of Downtown Montreal Is Flooded After Water Pipe BreaksClimate Disasters Are an Affordable Housing ProblemThe Japanese tobacco company plans to acquire all of Miami-based Vector for $15 a share through a tender offer an
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Republican Sen. JD Vance doesn’t pull punches with his criticism, but he opened up a new can of worms during a rally in Byron Center, Michigan. Speaking before an audience in Kent County, Vance blamed Vice President Kamala Harris for what he described as a shocking increase in the cost of owning a new car. Don't Miss: Can you guess how much the average retirement account balance is? Here’s a hint — it’s only slightly more than a year’s worth of expenses. Can you guess how many retire with a $5,0
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Investors have chased these two AI highfliers for the past 18 months. Recent market volatility could be the opportunity they have been waiting to see.
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(Bloomberg) -- With questions swirling around Federal Reserve policy, the state of the economy and the US presidential race, at least one thing seems clear on Wall Street: spending on artificial intelligence remains a central priority.Most Read from BloombergThe Serious Work That Free Play Can Do‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidPart of Downtown Montreal Is Flooded After Water Pipe BreaksClimate Disasters Are an Affordable Housing ProblemCompanies are pouring
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Delek Logistics Partners continues to deliver more income to its investors.
( 71
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The deal comes weeks after Riot Platforms dropped a bid to buy Bitfarms, choosing to overhaul the company's board before pursuing a takoever again.
( 69
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Find the latest Mastercard Incorporated (MA) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 47
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Find the latest D.R. Horton, Inc. (DHI) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 47
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I'm 54 with 26 years of service as a nurse. We go by the rule of 80 (your age plus years of service = 80) on our retirement plan. It will cover my health insurance. My pension will be around $7,000 per month minus taxes. I have a combined $750,000 in a 403(b) and Roth […] The post Ask an Advisor: I'm a 54-Year-Old Nurse With $1 Million in Assets and a $7k Monthly Pension. Can I Retire Now? appeared first on SmartReads by SmartAsset.
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I am approaching the time when I'll take required minimum distributions (RMDs) from my individual retirement account (IRA). I am in a quandary about what I can do with this anticipated largesse of cash. I do not necessarily need the … Continue reading → The post Ask an Advisor: I Don't Need Them ‘Dumped Into My Checking Account.' What Can I Do With RMDs? appeared first on SmartAsset Blog.
( 72
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Find the latest MarketAxess Holdings, Inc. (MKTX) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
min )
Find the latest Alcoa Corporation (AA) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 47
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These stocks took a dive recently, and that could spell opportunity.
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Energy Transfer continues to add more fuel to its growth engine.
( 71
min )
Find the latest Sunrise Realty Trust, Inc. (SUNS) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
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After a slew of artificial intelligence stocks decided to split their stocks, these three could be next.
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Honda's stock is as high-quality as its cars.
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His investment vehicle has a dizzying number of titles in its equity portfolio, but these two are standouts.
( 71
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The report from the Bureau of Labor Statistics is due at 10:00 a.m. ET. Most economists expect a downwards revision, with Goldman Sachs expecting that 600,000 to 1 million fewer jobs were created from April 2023 to March 2024. "A stronger number would also not change much to the Federal Reserve's easing trajectory as the latest job data is already hinting at a cooling labour market," strategists at ING wrote in a morning note.
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These companies have enjoyed significant growth from AI and likely have much more to offer investors in the coming years.
( 10
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When it comes to successful car wash ventures and pop culture references, Walter White’s A1A from “Breaking Bad” comes to mind. But for one young entrepreneur, her scrub stop is no cover-up — it’s bringing in truckloads of money and pretty much runs itself. What To Know: According to a Business Insider report, 22-year-old Hannah Ingram purchased a coin-operated car wash in Tennessee in 2021 for $140,000. It brings in approximately $5,500 a month in profit and requires almost zero work. Don't Mis
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The oil company is working to whittle down its debt.
( 71
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Despite the superficial appearance of being diversified, 79% of Berkshire Hathaway's $314 billion of invested assets can be traced to only eight brand-name holdings.
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Autonomous vehicles have the potential to transform Uber's economics and send its stock soaring.
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A relatively unknown, cash-rich, small-cap company is the lone standout in a very pricey stock market.
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These stalwarts can boost your passive income for a happy retirement.
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Super Micro Computer stock has cratered over the last month amid operational challenges.
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(Bloomberg) -- A signal from the Bitcoin derivatives market points to the growing risk of a “short squeeze” that can stoke sharp rallies in the largest digital asset, according to cryptocurrency specialist K33 Research.Most Read from Bloomberg‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidPart of Downtown Montreal Is Flooded After Water Pipe BreaksClimate Disasters Are an Affordable Housing ProblemThe metric is the funding rate for Bitcoin perpetual futures, which helps to
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(Bloomberg) -- Stocks in Asia snapped a three-day winning streak, mirroring a halt in Wall Street’s rally as investors wait on US payrolls data and Federal Reserve minutes for clues on interest rate cuts. Most Read from Bloomberg‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidPart of Downtown Montreal Is Flooded After Water Pipe BreaksClimate Disasters Are an Affordable Housing ProblemChinese stocks in Hong Kong fell as much as 2%, contributing to Asian equities’ slump. Tec
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Investors are grappling with the market implications of a possible Kamala Harris presidential administration, which could pressure corporate profits through higher taxes while weighing on consumer staples and boosting solar energy. Harris' nomination is in focus this week at the Democratic convention after her late entry following President Joe Biden's withdrawal tightened the race against Republican candidate Donald Trump. Investors’ views on markets are typically shaped by factors such as the economy's strength and the trajectory of interest rates, but the question of how a Harris White House could approach policy, regulations and taxation looms large.
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(Bloomberg) -- China’s tech stocks slumped on concerns over the country’s consumption outlook following Walmart Inc.’s plan to sell its stake in JD.com Inc. and poor earnings from key players. Most Read from Bloomberg‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidPart of Downtown Montreal Is Flooded After Water Pipe BreaksClimate Disasters Are an Affordable Housing ProblemThe Hang Seng Tech Index was down 2.1% as of 11:20 a.m. local time, led lower by a 12% plunge in JD.co
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Asian shares slipped on Wednesday as a stellar rebound in world stocks paused for breath, while bond yields and the dollar fell ahead of U.S. economic data and speeches from policymakers that are expected to make the case for interest rate cuts. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.6%. Hong Kong's Hang Seng slumped 1.4% with JD.com dropping 11% after Bloomberg News reported top shareholder Walmart plans on selling its large stake.
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Berkshire had owned shares of Snowflake since its 2020 IPO.
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Realty Income's stock is trading near its 52-week high. Is it still worth buying the net lease real estate investment trust?
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Corning shares gained Wednesday as Mizuho analysts upgraded the stock and highlighted growth in the company's business driven by data centers, amid surging demand for artificial intelligence.
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CrowdStrike reports fiscal second-quarter earnings on Aug. 28, with investors likely watching for indications of how the July global outage spurred by its update will affect the cybersecurity company.
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The S&P 500 added 0.4% on Wednesday, Aug. 21, as the latest Fed meeting minutes showed most officials agreed it was almost time to lower interest rates.
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The minutes of the Federal Reserve’s late-July policy meeting show that most officials supported possible interest-rate cuts at the next meeting in September.
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Snowflake's second-quarter revenue grew from the year-ago period and beat analysts' projections, but losses widened as costs rose.
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Nvidia is expected to post strong quarterly results on demand for its artificial intelligence chips, despite a reported delay in its Blackwell chips.
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Shares of Keysight Technologies led the S&P 500 on Wednesday after the provider of electronic testing solutions topped quarterly estimates.
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Ford Motor Company is revamping its electric vehicle strategy amid tough competition from local and foreign rivals and price pressures.
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American Express shares traded lower Wednesday after Bank of America Securities analysts raised concerns that the stock was trading at a premium without too much potential for further growth.
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Noncompete agreements in employment contracts are still allowed, at least for the time being, a federal court has ruled.
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The co-Chief Investment Officer (CIO) of a Franklin Resources unit took a leave of absence after receiving a Wells Notice from the Securities and Exchange Commission (SEC).
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Consumers are still feeling thrifty, but they may be starting to spend more freely. That was one takeaway from earnings reports from retailer Target, TJX Companies, and Macy’s on Wednesday morning.
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Unilever has recalled 137,000 cases of its single-serve Popsicle Jolly Rancher Frozen Confection Pop products because they may contain milk.
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Cigarette holding company Vector Group agreed to to be acquired by Tokyo-based JT Group, which has international rights to the Camel and Winston brands.
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It turns out employers weren’t hiring last year at quite the breakneck pace that official government statistics originally reported.
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TJX shares set a new record Wednesday as value-hunting consumers drove traffic and sales higher across the company's brands like TJ Maxx, Marshall's and HomeGoods.
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Arch Resources and Consol Energy are merging to create Core Natural Resources, sending shares of both companies higher in intraday trading Wednesday.
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The Dow, S&P 500, and Nasdaq were little changed at midday Wednesday ahead of minutes from the Federal Reserve’s latest policy meeting.
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SiriusXM shares are rising further Wednesday, a day after it signed a multi-year agreement with popular Spotify podcaster Alex Cooper.
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The U.K.'s antitrust watchdog closed investigations into Apple's App Store and Alphabet's Google Play Store, and said it expects concerns to be considered under a new digital markets competition regime instead.
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Demand for home loans declined for the first time in three weeks despite mortgage rates dropping to the lowest levels in more than a year.
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Analog Devices beat third-quarter profit and sales estimates as it sees the slump in the chip sector ending.
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U.S.-listed shares of JD.com tumbled Wednesday as Walmart confirmed that it sold its stake in the Chinese e-commerce giant. unwinding an eight-year partnership.
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Macy's missed second-quarter revenue and comparable store sales estimates as the retailer faced a "challenging consumer environment."
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Target shares soared Wednesday after the retailer reported second-quarter earnings that beat estimates, and lifted its projections for full-year profits.
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News of the day for August 21, 2024
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Shares Gained More Than 3% on Tuesday
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Shares Rose on News of Strong Ad Sales
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De introductie van de nieuwe ov-pas loopt vertraging op. Aanvankelijk zouden reizigers de eerste ov-passen dit najaar kunnen aanschaffen, maar die deadline wordt niet gehaald.
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China onderzoekt EU-subsidies op kaas, melk en andere zuivelproducten, meldt het ANP. Het onderzoek volgt op klachten van Chinese zuivelfabrikanten, die stevige concurrentie ondervinden van hun Europese collega's.
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China onderzoekt hoeveel subsidie de EU geeft op zuivelproducten die de Chinezen in Europa kopen, meldt het ANP. De stap volgt na de Europese importheffingen op Chinese elektrische auto's.
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Olijfolie is niet langer de favoriet in de Spaanse keuken. Door oplopende prijzen kiezen Spanjaarden steeds vaker voor de goedkopere zonnebloemolie. Vooral arme huishoudens kunnen olijfolie niet meer betalen.
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De gasvoorraden in Europa zijn al bijna aangevuld. Volgens de laatste gegevens van branchegroep Gas Infrastructure Europe waren de opslagen afgelopen maandag al voor 90 procent gevuld.
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De zorgverzekeraars en curatoren van de failliete huisartsenketen Co-Med zijn het eens geworden over de voormalige Co-Med-praktijken. Het wordt daardoor makkelijker om een hele praktijk, inclusief patiëntendossiers en inboedel, aan een nieuwe huisarts over te dragen.
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Luchtvaartmaatschappij Transavia is gestopt met de verkoop van vegetarische saucijzenbroodjes aan boord, omdat er te weinig vraag naar is. De traditionele variant met vlees verkocht juist goed op vluchten. "We stemmen ons menu af op vraag en aanbod", laat een woordvoerder weten.
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De grote Chinese automaker Geely heeft dit jaar tot nu toe een recordwinst van 10,6 miljard yuan (ruim 1,3 miljard euro) geboekt, zes keer zoveel als vorig jaar. Dat komt mede door een forse verkoopstijging in China en Europa.
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Australië heeft plannen goedgekeurd voor het naar eigen zeggen grootste zonnepark ter wereld. Het zonnepark moet komen in het noorden van het land en wordt 12.000 hectare groot.
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Grote verzekeraars hekelen dat een duidelijk vangnet bij grote overstromingen uitblijft. ASR en Achmea wilden schade door overstromingen van grote rivieren en het IJsselmeer samen met de overheid verzekeren. Na lang overleg zag de overheid dit toch niet zitten.
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Een op de drie Nederlanders is mantelzorger. Deze mensen zorgen voor een naaste, zoals een partner, vriend of familielid. Dat kan behoorlijk wat druk op een carrière zetten. "Mantelzorgen heeft steeds meer impact op andere aspecten van het leven, zoals werk."
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Het lijkt handig: zonnepanelen die je zelf aan je balkon hangt en gewoon in het stopcontact steekt. Maar dat is niet zonder risico. Bij verkeerd gebruik loop je het risico op een stroomschok en brand.
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(Bloomberg) -- Walmart Inc. is seeking to raise up to $3.74 billion by selling its stake in Chinese e-commerce firm JD.com Inc., people familiar with the matter said. Most Read from Bloomberg‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidPart of Downtown Montreal Is Flooded After Water Pipe BreaksClimate Disasters Are an Affordable Housing ProblemThe US retailer is offering 144.5 million shares in a $24.85 to $25.85 price range, the people said, asking not to be identified
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X, the social network formerly known as Twitter, looks like a pretty bad investment right about now. As readers might recall, billionaire Elon Musk borrowed $13 billion from Morgan Stanley, Bank of America and five other major banks to help finance the $44 billion acquisition of Twitter, as it was then called. According to the Wall Street Journal, the deal has turned into the worst merger-finance deal for banks since the 2008-2009 financial crisis, resulting in write-downs and -- in at least one case -- crimped compensation.
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Housing supply in the US rose a record 14% in July as homebuyers canceled agreements due to high costs and economic worries, a Redfin report said.
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Shares of two companies that provide devices for patients with diabetes fell sharply after a study showed Eli Lilly's popular drug cut diabetes risks.
( 69
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These are exciting times for space stocks, but don't expect Intuitive Machines, Rocket Lab, or AST SpaceMobile to earn a profit for years.
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(Bloomberg) -- Bond traders are taking on a record amount of risk as they bet big on a Treasury market rally fueled by expectations the Federal Reserve will embark on its first interest-rate cut in more than four years.Most Read from Bloomberg‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidPart of Downtown Montreal Is Flooded After Water Pipe BreaksClimate Disasters Are an Affordable Housing ProblemThe number of leveraged positions in Treasury futures has risen to an all-ti
( 71
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Trump's Truth Social came into being as another of his schemes, and that's how it's proceeding. Since Biden exited the presidential race, the stock has been spiraling.
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There are a lot of Vanguard ETFs, but I wouldn't be surprised to see this one deliver the best performance.
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Prior to joining Morgan Stanley, Bloomer was the ousted CEO of Prudential Financial insurance group.
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This unloved and undervalued stock could bounce back over the next two decades.
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Banks had hoped to package and sell Musk’s LBO debt to investors. Instead, it has sat on their balance sheet, tying up capital, for almost two years.
( 70
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Find the latest Church & Dwight Company, Inc. (CHD) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
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Monday marked the 20-year anniversary of Google’s IPO. The stock has appreciated over 6,500% since then.
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Grant Cardone's take on real estate isn't just contrarian – it's downright rebellious. The man's sitting on a $4 billion net worth, yet he doesn't own the roof over his head. Instead, he rents. To him, buying a house is like buying a ticket to a financial prison. In a 2019 DJ Vlad interview, Cardone explained why homeownership is a terrible choice for real estate investors. "I treat houses like hospitals – you get in, you get out," he says with a shrug, tossing aside the idea that a house is a s
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(Bloomberg) -- Scott Bessent, who runs macro hedge fund Key Square Capital Management, said he expects a jump in volatility and a decline in US markets because the economy is more fragile than most investors realize. Most Read from Bloomberg‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidPart of Downtown Montreal Is Flooded After Water Pipe BreaksClimate Disasters Are an Affordable Housing Problem“Right now we view the US economy as being in a precarious, emerging market-st
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(Bloomberg) -- Bryant Riley, who built an underdog investment firm into a multibillion-dollar financial empire that bears his name, was defending his close friend and business partner, Brian Kahn.Most Read from Bloomberg‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidPart of Downtown Montreal Is Flooded After Water Pipe BreaksClimate Disasters Are an Affordable Housing ProblemIt was November 2023, and Kahn had been implicated in a federal investigation of a failed hedge fun
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Within just a few years of starting FedEx, Fred Smith faced a critical moment that would determine the future of his company. What began as a bold idea written in a college term paper had quickly grown into a real business, but by the mid-1970s, FedEx was on the brink of collapse. Smith made a gutsy decision to save his company, which involved a gamble. Don't Miss: Amid the ongoing EV revolution, previously overlooked low-income communities now harbor a huge investment opportunity at just $500.
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You may be investing for retirement all wrong, one financial planner says.
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Learn why the technology sector is facing a slowdown and what it could mean for future investments.
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People spend their lives working with the hope of one day enjoying a retirement that truly reflects their dreams. Maybe you imagine yourself relaxing on a sun-soaked beach, tending to your garden, or even traveling the world – whatever your ideal retirement looks like, having the financial means to support it is key. Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the avera
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Warren Buffett, the legendary investor known as the “Oracle of Omaha” (and “Fireball” by his father), is famous for his smart investment choices. So when it was revealed that his company, Berkshire Hathaway, sold half its Apple shares, many investors were puzzled, trying to understand what it meant. Don't Miss: This startup’s stem cell research aims to reduce reliance on animal testing — Sees 55% uptick in YTD sales and only costs $3 per share for early investors. Here’s the AI-powered startup t
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I'm a fan of the big payment processing networks, but this stock looks like a tremendous value.
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China will likely leave benchmark lending interest rates unchanged on Tuesday as per a Reuters survey. The move is likely after policymakers shocked the global markets by slashing key interest rates in July. Chinese tech stocks led by Alibaba Group Holding Limited (NYSE:BABA), PDD Holdings Inc (NASDAQ:PDD), Baidu, Inc (NASDAQ:BIDU), JD.com, Inc (NASDAQ:JD), Bilibili Inc (NASDAQ:BILI) Electric vehicle stocks, including NIO Inc (NYSE:NIO) and Li Auto Inc (NASDAQ:LI), are trading lower Tuesday. Shr
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If you're willing to look, you can find growth opportunities that are just as strong as Amazon, but at a better price.
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Warren Buffett was a big net seller of stocks in the second quarter. But it's important not to overlook this move.
( 70
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Intuitive Machines remains a speculative space stock -- but it's got potential to rocket.
( 71
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Trying to decide whether to join Costco or Sam's Club to save on gas? The gas at these retailers differ. Find out why Costco may be a better gas station.
( 71
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Bronfman submits a $4.3-billion bid to acquire the Redstone family's National Amusements, which controls the media company that also owns CBS and MTV, a source says.
( 70
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(Bloomberg) -- Donald Trump is a month away from being able to turn his paper social-media fortune into cold, hard cash. The question is, will he?Most Read from BloombergA Floating Island in Baltimore Raises Hope for a Waterfront Revival‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidPart of Downtown Montreal Is Flooded After Water Pipe BreaksClimate Disasters Are an Affordable Housing ProblemNJ Transit Dishes Out Free Rides After Summer Train ChaosThe former president will
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News of the day for August 20, 2024
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Passive income stocks offer potential for steady returns and financial security in retirement.
( 71
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Find the latest Apollo Global Management, Inc. (APO) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
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These tech stocks are flying under the radar but could be big winners in the long run.
( 72
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Find the latest Meta Platforms, Inc. (META) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
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Enterprise Products Partners is an income-producing machine.
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Estate planning involves both trust funds and wills to help ensure the smooth transition of assets to your beneficiaries. A trust fund is a legal entity that holds and manages assets on behalf of another individual or organization. A will, on the other hand, is a legal document that directs the distribution of assets after […] The post Trust Fund vs. Will for Estate Planning appeared first on SmartReads by SmartAsset.
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When you sell your primary home, the IRS allows you to exclude a significant portion of the profit from your taxes. This exclusion – $250,000 for single filers and $500,000 for married, joint filers – is large enough that many sellers don't end up paying federal taxes on the capital gains from a home sale. […] The post I’m Selling My House to Downsize for Retirement, and I'll Net $620k. Do I Have to Pay Capital Gains Taxes? appeared first on SmartReads by SmartAsset.
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Many companies often rally after executing a split, and this company is an ideal candidate to follow suit.
( 71
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Find the latest Alibaba Group Holding Limited (BABA) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
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Here's a simple, one-step solution to turn Boeing profitable again.
( 71
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The recent stock market dip provided some discounts.
( 71
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Why Singer may have taken a position in Arm Holdings.
( 71
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Find the latest GeneDx Holdings Corp. (WGS) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
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Higher borrowing and mortgage rates have led to subdued demand for new homes -- a factor that weighed on sales at Lowe's and Home Depot. Placer.ai data showed that fewer new home sales in May and June pressured store traffic for the home improvement companies. Home Depot also forecast a decline in annual earnings and a bigger drop in annual comparable sales, signaling that revival of consumer demand for pricier goods such as home improvement equipment remains tricky.
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The European Commission cut on Tuesday its proposed tariff on imports of Tesla cars built in China, as it broadly maintained other planned punitive duties it set in July on Chinese-made electric vehicles. In the highest profile European Union probe of alleged Chinese subsidies, the Commission issued draft definitive findings of its anti-subsidy investigation, which has provoked threats of retaliation from Beijing. It set a new reduced rate of 9% for Tesla, lower than the 20.8% it had indicated in July.
( 69
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Kamala Harris was pilloried in the press for proposing 'price controls.' She did nothing of the kind
( 69
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The hedge fund manager was busy in Q2.
( 71
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A double-digit yield is often a big red flag signaling that a cut is forthcoming.
( 71
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Market downturns are rare opportunities to buy excellent stocks that rarely come cheap.
( 71
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Are brands like Harley turning their backs on diversity or just stopping talking about it?
( 70
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Value stocks offer potential for significant returns in today's overheated market.
( 71
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Some AI stocks offer higher growth potential while mirroring the Buffett investment philosophy.
( 73
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As megacap stocks continue to surge, investors should not ignore the bargains below the top tier.
( 71
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Devon Energy just reported a strong operating quarter, but don't forget that oil and natural gas prices rule the day with this dividend stock.
( 71
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Seven top-tier billionaire money managers sent shares of Nvidia to the chopping block in the June-ended quarter, with select billionaires favoring two other fast-growing companies with clear long-term catalysts.
( 73
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I can see why this stock is a Buffett favorite.
( 71
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Wall Street analysts see more upside in Alphabet than any other "Magnificent Seven" stock.
( 72
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Enbridge is in the middle of finalizing a series of three utility acquisitions, which will materially shift its business.
( 71
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Despite these high-octane income stocks badly underperforming in the current bull market, billionaire money managers can't get enough of them.
( 73
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(Bloomberg) -- Asian stocks rose, following a buoyant session on Wall Street amid bets the Federal Reserve will soon signal it’s ready to start cutting interest rates.Most Read from BloombergA Floating Island in Baltimore Raises Hope for a Waterfront Revival‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidPart of Downtown Montreal Is Flooded After Water Pipe BreaksThe Cross-Continental Race Using Only Public TransitClimate Disasters Are an Affordable Housing ProblemThe MSCI
( 71
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Stocks are on an unstoppable hot streak right now, with eight straight sessions in the green for the S&P 500 (SPX), the longest win streak since last November. Undoubtedly, Technology stocks are leading the path higher, just weeks after many investors thought the markets would tank and that less-loved mid-cap and value plays would lead us higher. With Tech stocks in the driver’s seat again, it may be time for many to revisit the drawing board for value from the latest swoon. In this piece, we’ll
( 73
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The lawsuit was filed by the husband of a woman who died last year from an allergic reaction after eating at a restaurant in the Disney Springs shopping complex in Orlando. "We believe this situation warrants a sensitive approach to expedite a resolution for the family who have experienced such a painful loss," Josh D'Amaro, Chairman, Disney Experiences told Reuters in an emailed statement. "As such, we've decided to waive our right to arbitration and have the matter proceed in court," D'Amaro added.
( 70
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Donald Trump's Truth Social parent company closed at a new low since merging to go public in March. Experts have compared it to a meme stock.
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Veteran media executive Edgar Bronfman Jr. submitted a bid on Monday to acquire a stake in Paramount Global and National Amusements, the Redstone family company that controls the entertainment giant, a person familiar with the matter told Reuters. The competing offer for the home of Paramount Pictures, the CBS broadcast network and MTV is a fresh twist in a sale process marked by a number of unexpected turns. Terms of the offer could not immediately be learned.
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Shares Jumped More Than 4% on Monday
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What's next for the AI behemoth?
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Fed officials are weighing in on the outlook for possible interest rate cuts, ahead of an eagerly anticipated speech on Friday by Fed Chair Jerome Powell.
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The S&P 500 slipped 0.2% on Tuesday, Aug. 20, 2024, ending a streak of eight consecutive positive trading days for the benchmark index.
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Shares of two companies that provide devices for patients with diabetes fell sharply after a study showed Eli Lilly's popular drug cut diabetes risks.
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Stellantis N.V. said its plan to push back the reopening of an assembly plant in Belvidere, Illinois, is not in violation of its contract with the United Auto Workers union.
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Johnson & Johnson announced Tuesday that it has received FDA approval for a pair of drugs to be used as a chemotherapy-free treatment for certain types of lung cancer. The company also announced the $1.7 billion acquisition of heart treatment company V-Wave.
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A survey by the Federal Reserve Bank of New York showed that more than a quarter of respondents were looking for jobs in July, the highest reading in a decade.
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Surge defies notion that gold zigs when stocks zag
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Kroger asked a federal court for an injunction to block a Federal Trade Commission (FTC) proceeding to block the grocery chain's $24.6 billion acquisition of Albertsons.
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Wells Fargo is selling much of its commercial mortgage servicing business to privately held Trimont, the bank said Tuesday.
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Netflix shares hit an all-time high Tuesday after the company reported a big jump in ad sales.
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U.S.-listed shares of Vipshop Holdings plunged in intraday trading Tuesday after the Chinese discount retailer reported falling second-quarter sales and an underwhelming outlook.
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U.S. equities were down at midday Tuesday as the markets awaited clues about the future of interest rates from Federal Reserve officials this week.
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Palo Alto Networks shares gained Tuesday as analysts lifted their price targets for the stock after the cybersecurity company reported a fiscal fourth-quarter earnings beat supported by its "platformization" bundling strategy and early artificial intelligence gains.
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Shares in the maker of weight-loss drug Zepbound and diabetes treatment Mounjaro surged 5% in early trading and have gained more than 60% since the start of the year.
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Medtronic beat first-quarter earnings and revenue estimates on strong sales of its medical devices.
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Chinese electric vehicle (EV) maker XPeng reported a narrower-than-expected second-quarter loss, but revenue missed analysts' estimates and its U.S.-listed shares fell Tuesday.
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The European Commission, the European Union's enforcement arm, on Tuesday announced updated import tariffs on Chinese-made electric vehicles (EVs), with Tesla's cut to 9% from a provisional 20.8%.
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Boeing has found cracks in the structure of its 777X jetliner in initial test flights, another mishap for the carrier this year.
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Lowe's reported lower-than-expected second-quarter sales and cut its full-year outlook Tuesday as spending on big-ticket home improvement projects continues to decrease.
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Media executive Edgar Bronfman Jr. has reportedly submitted a formal $4.3 billion bid for National Amusements, the controlling shareholder of Paramount Global, after Skydance Media struck a deal for Shari Redstone's media empire last month.
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News of the day for August 20, 2024
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Palo Alto Networks shares rose in premarket trading Tuesday after the cybersecurity provider released earnings that surpassed expectations and issued an outlook at the high end of Wall Street forecasts. Monitor these important chart levels.
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Shares Jumped More Than 4% on Monday
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NS-topman Wouter Koolmees verwacht een "pittig najaar" voor treinreizigers. Volgens hem gaat het waarschijnlijk niet lukken om voldoende treinen op tijd te laten rijden.
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Treinreizigers moeten volgend jaar en mogelijk ook in 2026 rekening houden met vertragingen op de Hogesnelheidslijn. Dat melden NS en ProRail dinsdag.
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AGU, de Nederlandse fabrikant van fietskleding en accessoires, dreigt kopje-onder te gaan. Het bedrijf zit al langere tijd in financiële problemen.
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De Europese Commissie heeft de importheffing voor in China geproduceerde Tesla's vastgesteld op 9 procent. Ook de eerder ingevoerde heffingen voor andere Chinese fabrikanten zijn licht aangepast.
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ABN AMRO heeft dinsdagmiddag een technische storing opgelost, waardoor klanten hun rekening niet in konden via de app van de bank.
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ABN AMRO heeft dinsdagochtend last van een technische storing. Daardoor kunnen niet alle klanten via de app bij hun rekening.
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De curatoren die verantwoordelijk zijn voor de afhandeling van het faillissement van warenhuisketen V&D hebben hun eindverslag afgeleverd. Dat is eerder deze maand ingediend en is in te zien op rechtspraak.nl. De afwikkeling van het faillissement heeft bijna negen jaar geduurd.
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ASN Impact Investors, een investeerderstak van de Volksbank, heeft zijn beleid aangescherpt. Het duurzame fondshuis laat weten niet langer te investeren in bedrijven uit de fast fashion-industrie.
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Reisaanbieders adverteren steeds minder met lokkertjes: aanbiedingen waar uiteindelijk nog kosten bij komen. Volgens de Consumentenbond bleek vorig jaar twee derde van de aanbiedingen niet te kloppen. Inmiddels zijn er nog maar enkele aanbieders waar je goed moet oppassen.
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Nederlandse huishoudens hadden in het tweede kwartaal van dit jaar een recordbedrag van 185 miljard euro aan belegd vermogen. De stijging van 4,1 miljard euro vergeleken met het eerste kwartaal is hoofdzakelijk te danken aan gestegen beurskoersen.
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Supreme Court Could Weigh In On Dispute Between Federal and State Governments
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Shares are Fast Approaching New High
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The S&P 500 gained 1% on Monday, Aug. 19, securing its eighth straight winning session ahead of this week's Jackson Hole Economic Symposium.
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Economists and investors are looking forward to the Jackson Hole Economic Symposium that begins Thursday. How has this gathering of economists garnered so much attention throughout the years?
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The chair of the Federal Reserve is set to give a major speech Friday at a pivotal time for the central bank’s monetary policy.
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The big event of the week for financial markets will likely be Powell's speech, scheduled for Friday morning, at the Fed's annual Jackson Hole Economic Policy Symposium. Investors will be looking for any indication of the timing and pace of future interest-rate cuts.
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Palo Alto Networks on Monday reported stronger-than-expected earnings for the fiscal fourth quarter as the cybersecurity company executes its platformization strategy.
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Episode 201 of the Investopedia Express podcast with Caleb Silver (August 19, 2024)
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Shares of Hawaiian Airlines parent Hawaiian Holdings dropped in intraday trading Monday on worries U.S. regulators will try to stop Alaska Air Group's $1.9 billion purchase of the company.
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These energy stocks could be positioned to gain with the power demand for data centers expected to triple by the end of the decade, driven by artificial intelligence, Mizuho Research analysts said.
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General Motors is reportedly cutting more than 1,000 salaried employee jobs in the carmaker's Software and Services division.
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Lawmakers have a little under a year and a half to rewrite the U.S. tax code—or else it will rewrite itself, with far-reaching consequences for your tax returns and the economy.
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U.S. equities rose at midday Monday, extending last week's rally as concerns about the health of the economy eased.
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FuboTV shares took off following a judge's ruling blocking the launch of a new sports streaming service from Disney, Fox, and Warner Bros. Discovery.
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Estee Lauder ended its fiscal 2024 with mixed results as it faced a drop in demand in China and North America while skin care product sales jumped.
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The Teamsters Canada Rail Conference said that it has both served a 72-hour strike notice to Canadian Pacific Kansas City and received a 72-hour lockout notice from Canadian National Railway starting Thursday, in a move that may hurt trade with the U.S.
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Advanced Micro Devices added to its artificial intelligence (AI) portfolio by purchasing data center infrastructure provider ZT Systems for $4.9 billion.
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Goldman Sachs has lowered the risk of the U.S. falling into a recession in the next 12 months to 20% from 25%, following reassuring data on the retail sales and jobless claims, and expects the Federal Reserve to cut interest rates in September by 25 basis points.
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Chipotle Mexican Grill shares will likely remain on investors’ radar screens Monday after a week of volatile trading following the announcement of the departure of its CEO. Monitor these important chart levels.
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News of the day for August 19, 2024
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Shares Gained 9% Last Week
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Shares are Fast Approaching New High
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Super Micro Computer announced a 10-for-1 stock split with its most recent earnings report.
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(Bloomberg) -- Palo Alto Networks Inc. rose after issuing a quarterly profit outlook that beat Wall Street’s expectations and boosting its share buyback program. Most Read from BloombergA Floating Island in Baltimore Raises Hope for a Waterfront Revival‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidPart of Downtown Montreal Is Flooded After Water Pipe BreaksThe Cross-Continental Race Using Only Public TransitClimate Disasters Are an Affordable Housing ProblemShares jumped
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Investors should treat Nvidia as a lesson showing how much share counts can rise over time.
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The housing market seems to be showing some signs of hope for potential buyers. The Freddie Mac Primary Mortgage Market Survey put this week’s 30-year fixed rate at 6.49%, which is a positive trend in the right direction. This may be temporary, but ...
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Starbucks just poached the fast-casual chain's turnaround CEO.
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Elon Musk, Jeff Bezos, and Bill Gates are among the very few members of the 12-digit club. Three Waltons worth over $92 billion could soon join them.
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Even great stocks hit down cycles that diminish their value and knock down returns. This explains the importance of diversification. Unfortunately, that isn't as easy as it seems because investors have so many offerings to choose from, and tracking ...
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Kroger sued the U.S. Federal Trade Commission on Monday, seeking to block the regulator from reviewing the grocery chain's proposed $25 billion merger with smaller rival Albertsons, calling the FTC's in-house tribunal unconstitutional.
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Palantir Technologies Inc (NYSE:PLTR) CEO Alex Karp linked the rise of former President Donald Trump to the actions of Silicon Valley. What Happened: Karp, in a wide-ranging interview with The New York Times, suggested that the rise of Trump was a ...
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Shares in Donald Trump’s social media company hit their lowest level since it went public in March on the Nasdaq exchange.
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Housing prices have hit an all-time high, but real estate investors are pouncing even as home affordability pushes some buyers to the sidelines. Redfin reported that investor home purchases were up 3% year over year during the second quarter, buying ...
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These reasonably priced stocks are nearly certain to grow your money.
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Income-seeking investors will soon lose their easy access to yields of over 5% in bank accounts.
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The stock market has a stronger statistical record than the several other indicators
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Big changes are brewing at JPMorgan Chase. Jamie Dimon, the bank’s longtime CEO, has reshuffled the executive ranks, and not everyone is coming out on top. Daniel Pinto, JPMorgan's president and once seen as Dimon's likely successor, is watching his influence slip away. Don't Miss: Here’s the AI-powered startup that turns traders into influencers achieving 12% monthly growth – invest in it at only 10 cents per share. This startup’s stem cell research aims to reduce reliance on animal testing — S
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Nearly 3 billion records were impacted.
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The container ship operator benefited from a strong pricing environment in the second quarter.
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Rapper and entrepreneur 50 Cent hit the cover of U.S. Weekly this summer, sharing his financial success. He declined to say if he was a billionaire but mentioned that he was very rich. The entertainer, whose real name is Curtis Jackson III, earns ...
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Before he was a billionaire and a standout on ABC’s “Shark Tank,” Mark Cuban's way of getting around was anything but glamorous. Known as the former owner of the Dallas Mavericks, you might not peg him for a frugal guy – like how Warren Buffett is famously cautious with his spending. But it turns out, Cuban was pretty good at pinching pennies too. Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. Can you guess how many Americans successfully retire with $1,
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These low-risk, high-yield stocks could help you protect and grow your wealth.
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Chinese electric vehicle stocks NIO Inc (NYSE:NIO), XPeng Inc (NYSE:XPEV), and Li Auto Inc (NASDAQ:LI) are trading higher Monday amid reports indicating China’s cash-for clunkers trade-in program’s potential to boost electric-vehicle demand. The program could translate into total EV sales to over 10 million in 2024, Bloomberg reports. In July, China announced plans to launch incentives that would help consumers afford 20,000 yuan ($2,760) to scrap an old, higher-emissions car for an EV or 15,000
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Billionaire Carl Icahn and his company were charged by U.S. regulators with failing to disclose personal loans worth billions of dollars that were secured using securities of Icahn Enterprises as collateral. Icahn and his company have agreed to pay $1.5 million and $500,000 in civil penalties, respectively, to settle the charges, the Securities and Exchange Commission said Monday. The agency said that from at least Dec. 31, 2018 to the present, Icahn pledged approximately 51% to 82% of Icahn Enterprises' outstanding securities as collateral to secure personal loans with a number of lenders.
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Dividend growth stocks offer investors a powerful combination of income and capital appreciation potential, making them attractive for long-term portfolios.
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The U.S. Federal Reserve will cut interest rates by 25 basis points at each of the remaining three meetings of 2024, one more reduction than predicted last month, according to a slim majority of economists polled by Reuters who said a recession is unlikely. The change in Fed rate cut calls follows a weaker-than-expected July U.S. jobs report, which encouraged interest rate futures traders to price in as much as 120 basis points of reductions in 2024 earlier this month. Although some Fed officials have hinted rate cuts are coming, most economists in the Aug. 14-19 Reuters poll were not expecting a rapid series of rate cuts.
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These stocks have the potential to snap out of their current funk, driven by their underlying companies' unique work in AI.
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Advanced Micro Devices, Inc (NASDAQ:AMD) stock is trading higher Monday after the chip designer forged an agreement to acquire ZT Systems. AMD agreed to acquire ZT Systems, a provider of AI infrastructure for hyperscale computing companies, in a cash and stock transaction valued at $4.9 billion, including an earnout payment of up to $400 million. AMD expects the transaction to be accretive on an adjusted basis by the end of 2025. Also Read: Apple, Intel, And AMD Lead Charge In AI-Capable PC Mark
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Headhunters create fake postings frequently, but applicants can fight back.
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We recently got a look at what stocks Berkshire Hathaway bought and sold in the second quarter. Here's a move I think Buffett and his team will regret.
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These are the upcoming stock splits for the week of August 19 to August 23, based on TipRanks’ Stock Splits Calendar. A stock split is a corporate action in which the company issues additional common shares to increase the number of outstanding shares. Accordingly, the stock price of the company’s shares decreases, which maintains the market capitalization before and after the split. In contrast, there are also reverse stock splits that reduce the number of outstanding shares (consolidate). In t
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Palantir Technologies Inc (NYSE:PLTR) chief Alex Karp is in no mood to play the apology card or be politically correct for its military, police, and U.S. Immigration and Customs Enforcement services despite facing massive flak and protests. “If you have a reputation for talking about what the pope says when you meet him,” Mr. Karp explained, “you’ll never meet the pope again,” TechCrunch cites from a New York Times interview. Karp acknowledged the company’s consistent pro-Western view despite po
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Each of these companies is currently underestimated, leaving their stocks undervalued.
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Find the latest Newmont Corporation (NEM) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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My wife and I are elderly. I have an individual retirement account (IRA) worth about $100,000, and we have a trust set up through our children to protect our assets. If one or both of us have to go into … Continue reading → The post Ask an Advisor: Can a Nursing Home ‘Take Our IRA?' My Wife and I Are Elderly. We Have a $100K IRA and a Trust to Protect Our Assets. appeared first on SmartAsset Blog.
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Hammered by inflation, recession fears and doubts about the future of Social Security, an increasing number of working Americans say they plan to claim their Social Security benefits early while staying on the job. Here are the factors driving this … Continue reading → The post More Workers Plan to Retire on Less Money by Claiming Social Security Early appeared first on SmartAsset Blog.
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These companies aren't slowing down.
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This hydrogen stock still remains below its IPO price 25 years after its public debut.
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(Bloomberg) -- Advanced Micro Devices Inc. agreed to buy server maker ZT Systems in a cash and stock transaction valued at $4.9 billion, adding data center technology that will bolster its efforts to challenge Nvidia Corp. Most Read from BloombergA Floating Island in Baltimore Raises Hope for a Waterfront Revival‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA War
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Interest rates are set to fall for the first time in more than four years, and some investments could be in a great position to win.
( 71
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Find the latest Century Communities, Inc. (CCS) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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Find the latest Claros Mortgage Trust, Inc. (CMTG) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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Shares of this AI server maker and this EV player are well-positioned to take off in the coming years.
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AMD on Monday said it plans to acquire server maker ZT Systems for $4.9 billion as the company seeks to expand its portfolio of artificial intelligence chips and hardware and battle Nvidia. AMD plans to pay for 75% of the ZT Systems acquisition with cash and the remainder in stock. Stringing together the vast numbers of chips has meant the makeup of whole server systems has become increasingly important, which is why AMD is acquiring ZT Systems.
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Buying great businesses when they're on sale is an excellent wealth-building strategy.
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With interest rates almost certain to begin in September following the latest encouraging inflation data, investors are evaluating their moves for the coming months. Dividend stocks aren't famous for generating enthusiasm among investors when rates ...
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Hedge funds sold industrial stocks at the fastest pace since December, while buying energy stocks for the fourth straight week last week, a Goldman Sachs note seen by Reuters on Monday showed. Hedge funds last week sold industrial stocks at some of the highest levels seen in five years, the note released on Friday said. The shift from industrial stocks into energies reveals hedge funds' early punts on which economic sectors might flourish on an expected U.S. rate cut.
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Poor financial performance has led to a disappointing journey for shareholders.
( 71
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This chipmaker wins when everyone competes for AI dominance.
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From Bitcoin losing its dominance to Coinbase suggesting AI crypto wallets, here is a 4-minute breakdown of everything important that happened in crypto today.
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The stock market rebounded sharply last week on encouraging economic data.
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Impediments to growth are melting away while new opportunities begin to rise.
( 71
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A total of 13 high-profile companies have announced or completed stock splits in 2024. However, Wall Street's brightest and richest money managers have mixed feelings about this group.
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Both stocks have fallen hard and have historically high yields.
( 71
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The Nasdaq Composite index is down 6.5% from its all-time high, but history suggests it's a buying opportunity.
( 71
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AI stocks are flying high, but these three related names trade at a discount.
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The hedge fund manager can't complain about the dividends with either of these stocks.
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Not all AI-related stocks are positioned to fall.
( 71
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A record-setting quarter for stock sales means a lot of brand-name companies were sent to the chopping block by Warren Buffett and his investment team.
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Wall Street anticipates another strong quarter for Nvidia (NASDAQ:NVDA) as investors’ favorite chipmaker prepares to release its fiscal Q2 2025 results on August 28. The company’s high-end graphics processing chips, which are the benchmark for running generative AI workloads, continue to see robust demand, setting the stage for a solid performance.
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These companies' stocks are trading at far better values than Intel, especially after a sell-off.
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(Bloomberg) -- Seven & i Holdings Co. received a buyout offer from Canadian convenience store operator Alimentation Couche-Tard Inc., the Nikkei newspaper reported without citing where it got the information. Shares in the Japanese company jumped as much as 11%.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing f
( 69
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A clinical-trial failure for Pfizer and BioNTech means Moderna is leading the race to develop a combo shot for the flu and COVID-19.
( 71
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The market's waiting for the experiential REIT to do something it's already been doing for a while now.
( 72
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Electronic measurement provider Keysight (NYSE:KEYS) will be reporting results tomorrow after market close. Here’s what you need to know.
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(Bloomberg) -- Asian currencies rallied to the highest since March as ebbing US recession concern, bets on Federal Reserve rate cuts next month and an improving domestic backdrop lifted sentiment in the region.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using
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Benjamin Cowen, founder of Into The Cryptoverse, doubts that Bitcoin (BTC)’s market dominance will return to its December 2020 levels, before the asset's price surged dramatically.
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(Bloomberg) -- The recent rebound in US tech stocks isn’t convincing options traders just yet. Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using Only Public TransitWhile the shares have led market gains since a meltdown earlier this month, the cost of contrac
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(Bloomberg) -- Asian stocks are set for a cautious opening on Monday ahead of key central bank decisions in the region this week and the annual confab at Jackson Hole.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using Only Public TransitEquity futures in Austr
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"Everybody gets excited, they go hyperbolic about it, but it's not that big of a number," Chris Bloomstran said of Buffett's $189 billion cash pile.
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Zoals verwacht hebben particuliere verhuurders het afgelopen kwartaal meer woningen verkocht dan een jaar eerder. Beleggers doen hun woningen van de hand omdat nieuwe overheidsregels het verhuren van woningen minder aantrekkelijk maken.
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De Duitse import en export zijn in de eerste helft van 2024 gedaald, meldt het Duitse statistiekbureau Destatis. De lagere handelscijfers benadrukken de schommelende situatie van Duitsland, de belangrijkste handelspartner van Nederland en de grootste economie van Europa.
( 1
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Boni is slachtoffer geworden van een cyberaanval. Criminelen hadden toegang tot een deel van het computersysteem van de supermarktketen. Dat bevestigt het bedrijf tegenover persbureau ANP na berichtgeving van vakwebsite Distrifood.
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Boni is slachtoffer geworden van een cyberaanval, waarbij criminelen toegang kregen tot een deel van het computersysteem van de supermarktketen. Dat bevestigt het bedrijf aan persbureau ANP na berichtgeving door vakwebsite Distrifood.
( 1
min )
De Raad van State adviseert het kabinet aanvullende maatregelen op te nemen in het wetsvoorstel voor de wijziging van de Meststoffenwet. Het adviesorgaan denkt niet dat de stikstof- en fosfaatuitstoot zonder extra ingrepen in 2025 onder de afgesproken EU-normen blijven.
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Van de Nederlanders die over 2023 recht op toeslagen hebben, heeft een op de tien die nog niet aangevraagd. De Dienst Toeslagen roept hen op dit alsnog te doen, want de termijn verloopt over twee weken.
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min )
Terwijl de spanningen in de wereld alleen maar meer in plaats van minder worden, staat de benzineprijs juist op het laagste punt sinds begin dit jaar. De landelijke adviesprijs voor een liter is teruggelopen tot 2,148 euro, blijkt uit cijfers van UnitedConsumers.
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Ambtenaren van de gemeente Amsterdam mogen de berichtenapp Telegram niet gebruiken op hun werktelefoons, door crimineel gebruik van de app en het risico op spionage. Dat bevestigt een woordvoerder van de gemeente aan NU.nl na berichtgeving door BNR.
( 1
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De centrale bank van Libië heeft kortstondig alle activiteiten stopgezet na de ontvoering van een vooraanstaande medewerker. De man is inmiddels weer vrij, waardoor de centrale bank van het Noord-Afrikaanse land haar werkzaamheden heeft hervat.
( 1
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De centrale bank van Libië heeft kortstondig alle activiteiten stopgezet na de ontvoering van een vooraanstaande medewerker. De man is inmiddels weer vrij, waardoor de centrale bank van het Noord-Afrikaanse land haar werkzaamheden heeft hervat.
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De centrale bank van Libië heeft alle activiteiten opgeschort na de ontvoering van een vooraanstaande medewerker in Tripoli. De centrale bank van het Noord-Afrikaanse land hervat haar werkzaamheden pas als de medewerkers is vrijgelaten.
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min )
Vakantiegangers vallen weer vaker terug op een pakketreis, een fenomeen dat op weg leek naar uitsterving. Door hogere prijzen, stakingen, uitval van vluchten en ook nog een beetje met de coronapandemie in het achterhoofd, heeft de pakketreis weer de wind in de zeilen.
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min )
Rusland verwijt Duitsland dat het een belangrijke verdachte van de sabotage van de Nord Stream-pijplijn heeft laten lopen. De Russen zeggen te vrezen dat het onderzoek naar het incident wordt afgerond zonder dat de verantwoordelijken worden gestraft.
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Bedrijven in de industrie hebben opnieuw een zwak kwartaal achter de rug. Ze zagen hun inkomsten voor de vijfde maand op rij teruglopen en het aantal faillissementen is in jaren niet zo hoog geweest, blijkt uit cijfers van statistiekbureau CBS.
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min )
Bedrijven in de industrie hebben opnieuw een zwak kwartaal achter de rug. Ze zagen hun inkomsten voor de vijfde maand op rij teruglopen, blijkt uit cijfers van statistiekbureau CBS.
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MTY Food Group's steady free-cash-flow-creation abilities are available at a discount.
( 71
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These two companies have received a big shot in the arm thanks to the growing adoption of AI.
( 72
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There are huge market opportunities for both companies.
( 71
min )
This legacy automaker has underperformed for over a decade. Will things change in the next decade?
( 70
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Understanding wealth in America can be eye-opening. You might assume that becoming a millionaire is something only a few achieve, but recent data shows that the average household net worth in the U.S. has surpassed $1 million. But what does this number really mean, and how does it compare to the everyday financial reality most Americans face? Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. Can you guess how many retire with a $5,000,000 nest egg? – How do
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Eli Lilly has a lot going for it.
( 71
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An AI-enabled product lineup from this tech giant could give its stock price a nice boost toward the end of the year.
( 72
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A recent survey reveals that 51% of Americans have spent more money than they can afford to impress others, with a high trend among young people and men. The result of this behavior is dire, with many spiraling down financial whirlpools with no visible way out. “Most people don’t have anything written down as a budget,” Ramsey said in an interview with TheStreet. “They don’t have any idea where their money’s going. When you start being intentional about that, it’s a self-awareness activity. Look
( 71
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Starbucks has been in the news, but this lesser-known coffee chain has much bigger opportunities.
( 71
min )
TSMC has been at the foundation of the artificial intelligence explosion.
( 70
min )
There's no stopping this incredible pharmaceutical stock.
( 71
min )
Billionaire hedge fund manager Bill Ackman strategically reduced his stake in Chipotle Mexican Grill Inc. (NYSE:CMG) just before the restaurant chain’s recent stock selloff and CEO departure. Ackman's move comes at a critical juncture, suggesting his ...
( 71
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Could Coca-Cola make you a millionaire? The quick answer is yes, but only if you pay the right price.
( 71
min )
In a recent interview with Maria Bartiromo on Fox Business, real estate mogul Grant Cardone discussed the potential impact of a Kamala Harris presidency on property owners, especially in states like Florida and Texas. According to Cardone, these states could see major benefits due to their pro-property owner policies, contrasting with the stricter regulations and higher taxes he associates with Vice President Harris. Don't Miss: Miami is expected to take New York's place as the U.S. Financial Ca
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These companies' growth paths should only be briefly interrupted by headwinds.
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It is common knowledge that real estate is a solid investment that can accelerate an investor’s ascent to financial freedom. So why is it that the late Charlie Munger, Warren Buffett's right-hand man, is credited with saying he thought real estate was ...
( 71
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The e-commerce company has been forced to split its stock several times during the past 27 years to make its shares more accessible to all investors.
( 70
min )
The stock has been in fine form on the market in the past year despite volatility.
( 72
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“These whips are the market process. This is the market zigging in order to zag.” Universa Investments' Mark Spitznagel told Fortune.
( 70
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While inflation has eased to 2.9% in July, interest rates remain elevated, with the Federal Reserve’s key rate currently at 5.25% to 5.50%. However, it is widely expected that the Fed will begin cutting rates as early as next month. A reduction in rates is likely to send ripples across various sectors, with the biotech industry being particularly affected. Biotech companies, which often operate with significant overhead costs, are especially sensitive to changes in interest rates. But with a rat
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Investors can find compelling opportunities in beaten-down stocks.
( 71
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This data streaming specialist is growing at a robust pace and only scratching the surface of a huge end-market opportunity.
( 70
min )
It's much too early to write off this semiconductor stock.
( 71
min )
A sell-off could be a great time to buy these top dividend stocks.
( 71
min )
These tech stocks recently completed 10-for-1 stock splits and offer excellent growth prospects.
( 36
min )
There could be many winners and losers from the AI boom. Here's how I'm setting my portfolio up for success.
( 71
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We got an updated look at the billionaire's stock portfolio, and there were some interesting moves.
( 71
min )
Nvidia's run is drawing parallels to the dot-com bubble.
( 71
min )
One has a 5-for-1 stock split coming up.
( 71
min )
It's not your typical Cathie Wood stock.
( 71
min )
The Baby Boomer generation is reaching retirement age in record numbers. With more Boomers retiring on a daily basis, it helps to understand how prepared they are to leave their jobs for good. In this article, we’ll discuss the average … Continue reading → The post Average Retirement Savings for Baby Boomers appeared first on SmartAsset Blog.
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Everybody hates being told what to do, and retirement investors hate it even more when being told what to do comes with a hefty tax bill – which brings us to the IRS rule known as required minimum withdrawals, or … Continue reading → The post Here's the One-Word Secret to Lowering the Tax Hit on your IRA RMDs appeared first on SmartAsset Blog.
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Coming up: Fed Chairman Powell's comments, Democratic Convention speakers, and earnings from Lowe’s, Target, Snowflake
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min )
Retiring early can be tricky, even if you have considerable home equity. Say for example that you’re married with $1.4 million in your IRAs and a home worth $750,000. Retiring early could well be within reach, but you may face be a few big challenges. Retiring at age 60 means having to wait several years […] The post We Have $1.4 Million in IRAs and Fully Own a $750k Home. Can We Retire in 2 Years at 60? appeared first on SmartReads by SmartAsset.
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Palantir's business is booming, but is the stock priced right?
( 70
min )
At least, that's what Google's former CEO thinks.
( 71
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Some air has been let out of Wall Street's AI craze. Use the volatility to your advantage.
( 71
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This is, without a doubt, one of the best businesses the world has ever seen.
( 70
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The stock won't stay down forever.
( 70
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These stocks dividends continue to flow and grow.
( 70
min )
You won't need much up-front cash to buy all three of these great stocks.
( 71
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These top stocks can significantly increase your passive income.
( 70
min )
The recent pullback is an opportunity to add to inevitable AI winners.
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These growing brands are steals at current lower share prices.
( 71
min )
Or is now the time to buy the leading AI stock?
( 71
min )
Tales of retired professional athletes falling on hard times have become so common that ESPN did a documentary called "Broke" to publicize their plight. Former NBA All-Star Jamal Mashburn knows he will not be counted among retired athletes who went ...
( 71
min )
The tech-centric index has had a wild ride this year, but technology stocks have a long runway ahead, according to Wall Street.
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min )
Should you buy these ETFs now?
( 71
min )
The Oracle of Omaha has increased Berkshire Hathaway's stake by 262% in the only brand-name company set to conduct a reverse-stock split.
( 72
min )
These companies have been in top form on the market and are likely to sustain their impressive rally thanks to a key catalyst.
( 72
min )
Hedge fund managers with proven track records were buying Broadcom stock in the second quarter.
( 71
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Investors might appreciate this AI-focused business, but there's a lot to dislike.
( 70
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If investors are worried about the economy, these three high-yield dividends could offer a safe haven.
( 71
min )
De Israëlische economie is in het tweede kwartaal minder hard gegroeid dan economen hadden verwacht. De oorlog in Gaza blijft duidelijk drukken op de economie.
( 1
min )
Door het overvolle elektriciteitsnet komen veel bedrijven op een lange wachtlijst te staan voordat ze een nieuwe of grotere stroomaansluiting kunnen krijgen. Door samen te werken in een energiehub kunnen bedrijventerreinen ondertussen toch doorgroeien.
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min )
Sportwagenbouwer Porsche helpt de noodlijdende Duitse batterijen- en accuproducent Varta door aandeelhouder te worden. Daarover werd dit weekend een akkoord bereikt. De samenwerking levert het nodige geld op, waarmee Varta een deal kan sluiten met zijn schuldeisers.
( 1
min )
Hitte in steden is een groeiend probleem door klimaatverandering. Nederland is daar onvoldoende op ingericht, zeggen experts tegen NU.nl. Hoe warmer het wordt, hoe meer de leefbaarheid in de stad en onze gezondheid in gevaar komt.
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Coming up: Fed Chairman Powell's comments, Democratic Convention speakers, and earnings from Lowe’s, Target, Snowflake
( 24
min )
Apple isn't putting up the growth numbers needed to justify the high price investors pay.
( 71
min )
How a new CEO could make a mark on the company.
( 71
min )
A historical stock market winner deserves a critical eye from investors.
( 35
min )
Several out-of-favor groups of stocks could deliver tremendous returns as interest rates fall.
( 71
min )
All three stocks should outperform after recent sell-offs.
( 72
min )
The chipmaker made a big splash the last time it invested in an AI company. Is history repeating itself?
( 71
min )
(Bloomberg) -- All eyes will turn to the mountains of Wyoming in this week for the Federal Reserve’s Jackson Hole symposium, your best chance every year to see a Nobel Prize-winning economist in a cowboy hat.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using O
( 73
min )
The chip giant's market share keeps getting bigger.
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(Bloomberg) -- A three letter acronym is increasingly cropping up in corporate filings and it’s fueling concern among ratings companies and fund managers.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using Only Public TransitMentions of PIK in company filings,
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Nvidia stock is falling amid broader market sell-offs.
( 71
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A recent episode of "The Ramsey Show" featured a listener from Florida who shared frustrations over her husband's reckless spending habits. The listener, Suzi, married young and hoped that her husband's poor financial choices resulted from age and immaturity and that he'd grow out of them. Over the years, it only got worse. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Can you guess how many Americans successfully retire with $1,000,000 sa
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When purchased in tandem, these three investments offer everything needed in a retirement portfolio.
( 71
min )
Is it too late to buy shares of MicroStrategy after the stock price tripled in 52 weeks? Maybe not. Here's why.
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min )
After launching his social media platform, Truth Social, in 2022 as a response to being banned from Twitter (now X), Trump appeared committed to building his digital empire. However, his recent return to X for an interview with Elon Musk raises serious questions about the future of Truth Social and whether Trump is abandoning his platform to have a bigger megaphone. Don't Miss: Amid the ongoing EV revolution, previously overlooked low-income communities now harbor a huge investment opportunity a
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The potential for this deal may already be priced into the stock.
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min )
Mark Cuban shared some strong opinions during his recent appearance on The Daily Show. Cuban discussed a wide range of topics, but his critique of the current state of Silicon Valley and its relationship with politics particularly stood out. Cuban, known for being independent with some libertarian views, is now seen as a favorite among liberals, and his comments showed why. Don't Miss: Elon Musk’s secret mansion in Austin revealed through court filings. Here’s how to invest in the city’s growth
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The stock market is providing investors with great buying opportunities right now.
( 71
min )
Looking for generous and reliable dividends in the tech sector? Read on to see how IBM rewards its shareholders.
( 70
min )
Amazon looks like a misunderstood opportunity in the red-hot artificial intelligence (AI) landscape.
( 72
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These companies have excellent records of growing shareholder value.
( 72
min )
In an attempt to address the escalating US debt crisis, Jamie Dimon, CEO of JPMorgan Chase & Co., has suggested a possible solution: taxing the wealthy at the same or higher rates than the middle class. What Happened: During a "PBS News Hour" ...
( 70
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These stocks all pay more than 3%, and they have been regularly increasing their payouts in recent years.
( 71
min )
The billionaire venture capitalist is still bullish on Bitcoin.
( 71
min )
Uncertain market conditions and overconcentration put this ETF at risk of a correction in the near term.
( 71
min )
Costco makes it easy to get an annual membership for free. Learn how you can do it year after year.
( 71
min )
How does a 5.7% dividend yield sound?
( 71
min )
These rising stars can help you earn wealth-building returns.
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min )
These stocks should keep up their winning ways.
( 71
min )
“I plan to buy a second home as an investment property.”
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Investors looking to score huge returns should consider this ETF.
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While ‘millionaire’ might not be as weighty of a title as it was decades ago, seven figures of wealth is a significant accomplishment that indicates success and stability. Mass affluent individuals, with their robust yet accessible wealth, form a vital economic backbone in the United States, while high-net-worth individuals (HNWIs) exert more influence across markets. […] The post Differences Between Mass Affluent and High-Net-Worth Individuals appeared first on SmartReads by SmartAsset.
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With $2.5 million in cash, $500,000 in an IRA and average Social Security benefits, someone who’s 67 is likely in a pretty good spot for retirement. However, retiring comfortably involves more than financial resources. It also requires balancing income and expenses. With that in mind, it may be necessary to reduce lifestyle costs or invest […] The post I’m 67 Years Old, Have $2.5 Million in Cash, $500k in an IRA and Social Security. Should I Retire Now? appeared first on SmartReads by SmartAsset
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These two dividend stocks remain at a discount, despite relief being on the horizon.
( 71
min )
These are potentially underrated stocks to buy right now.
( 71
min )
This under-the-radar stock has delivered 50% returns annually since going public.
( 71
min )
Nvidia can keep winning, but a competitor could be a new breakout star.
( 71
min )
Given this biotech's ascent, its odds of becoming a giant are better than most.
( 71
min )
This stock can deliver high yields and more.
( 70
min )
These stocks illustrate a massive difference between winning and losing in this industry.
( 72
min )
These cheap stocks might not be cheap for too much longer.
( 71
min )
Only a small number of certain kinds of companies are able to stand up to the test of time.
( 72
min )
(Bloomberg) -- Brisk July retail sales along with fewer applications for unemployment benefits underscored a US economy with staying power as inflationary pressures gradually subside.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using Only Public TransitAcross
( 72
min )
Redfin is improving its revenue, profits, and market share in a slowing real estate market, and its business could benefit from a big tailwind next month.
( 72
min )
These AI leaders are all trading at a great value after a sell-off.
( 72
min )
An advantage in computing capacity isn't everything when it comes to artificial intelligence (AI)-accelerated data centers.
( 73
min )
If you are looking at the financial sector, here's why this bank, with a 5.1% yield, should be on top of your investment wish list.
( 72
min )
Is Nvidia or IBM the better AI stock to buy right now? Find out which tech giant offers the best investment opportunity in the summer of 2024.
( 71
min )
One of the world's most successful hedge fund managers boasts an extremely concentrated portfolio, so it attracts attention when he makes big changes.
( 74
min )
The market has been volatile, and one move could put your investments at risk.
( 71
min )
Super Micro Computer (SMCI), a provider of high-performance computing and AI infrastructure solutions, has seen its stock experience significant volatility. The AI infrastructure company’s stock went parabolic in January 2024, only to crash after it joined the S&P 500 (SPX). While a correction was warranted, it’s a bit overextended now, especially with the recent impressive revenue guidance. I am bullish on Super Micro due to its lower price point and promising catalysts. Analyzing the Earnings
( 74
min )
OpenAI zegt accounts voor zijn chatbot ChatGPT te hebben gesloten omdat ze zouden worden gebruikt voor een Iraanse beïnvloedingscampagne. De accounts zouden nepnieuwsverhalen verspreiden, onder andere over de Amerikaanse verkiezingen. Ze schreven zowel over Kamala Harris als Donald Trump.
( 1
min )
Het Deense biotechbedrijf Bavarian Nordic is van plan om de prodcutie van vaccins tegen mpox te verhogen. Het bedrijf wil er in samenwerking met de Wereldgezondheidsorganisatie (WHO) voor zorgen dat het vaccin in elk land beschikbaar is.
( 1
min )
Corendon heeft op het laatste moment vliegtuigen moeten inhuren vanwege financiële problemen bij Canada Jetlines, waarvan de Nederlandse luchtvaartmaatschappij twee toestellen huurde. Voor alle vluchten is een oplossing gevonden, meldt Corendon.
( 1
min )
Corendon heeft op het laatste moment vliegtuigen moeten inhuren vanwege financiële problemen bij Canada Jetlines, waarvan de Nederlandse luchtvaartmaatschappij twee toestellen huurde. Voor alle vluchten is een oplossing gevonden, meldt Corendon.
( 1
min )
Meta Platforms (META) is arguably the best Magnificent Seven stock right now and presents a buying opportunity, in my view. The social media company’s ad revenue and user base continue to grow, and the valuation leaves plenty of room for error. The recent earnings report and long-term performance make me bullish on the stock. Net Income Surges Without Job Cuts Meta Platforms’ net income has been soaring in recent quarters, which has prompted the social media giant to offer its first quarterly di
( 71
min )
Investors were cautiously pessimistic about the latest news coming out of the company's lab.
( 70
min )
Nvidia held stakes in Arm, SoundHound AI, Nano X Imaging, Recursion Pharmaceuticals, and Serve Robotics at the end of the second quarter, Nvidia's 13F filing this week showed. Most of the stocks in Nvidia's portfolio lost ground during the second quarter, though a majority have still gained since the start of the year. Arm, SoundHoundAI, and Serve have climbed at a faster pace than the S&P 500 so far this year, while Nano X Imaging lagged with a 13% gain, and Recursion Pharmaceuticals dropped nearly 32%.
( 70
min )
Starbucks has been sued for a third time by a company that accused the coffee chain of stealing its concept for coffee-flavored lipstick and lip gloss. Balmuccino, whose leaders have included a sister-in-law of TV doctor Mehmet Oz, filed its complaint on Friday in Manhattan federal court. Starbucks, based in Seattle, had no immediate comment.
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min )
The equity market has been on a tear and what is more remarkable is its strong rebound from the mayhem seen on Aug. 5. Former White House Communications Director Anthony Scaramucci on Thursday commented about the strong comeback by the market, delving into the potential reasons thereof. Don’t Miss: IRS Finalizes 10-Year Rule For Retirement Withdrawals, Making Things ‘Even More Insanely Complicated’ This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, and you onl
( 70
min )
Mortgage rates have been dropping for the past several weeks. This has been good news for the mortgage industry as buyers swarm in to get the rates while they are lower. The latest data from the Mortgage Bankers Association shows that mortgage ...
( 71
min )
Super Micro Computer stock has become too attractive to ignore following its recent drop.
( 71
min )
The stock market is still reeling from last week's rout, with the benchmark S&P 500 index down over 2.5% over the past month. Despite strong momentum enjoyed by tech heavyweights, the tech-focused Nasdaq composite Index has declined by nearly 5% over ...
( 71
min )
Investors seeking steady income and long-term growth often turn to real estate investment trusts (REITs). REITs own, operate, or finance income-generating real estate, allowing individuals to invest in various real estate types without having direct ...
( 71
min )
A federal court decision on an Illinois employment law could pose a legal threat to carriers well beyond the state’s borders. The post Court decision impacting Illinois could snare any carrier crossing the state appeared first on FreightWaves.
( 71
min )
These three top cryptocurrencies are seeing selling pressure build today.
( 70
min )
Financial advisors ponder if investors should be loading up on the precious metal.
( 69
min )
National Public Data acknowledged the huge breach that may have exposed data about almost every American. Email addresses may also have been taken.
( 67
min )
Back in the late 1990s, Mark Cuban and his business partner Todd Wagner pioneered online streaming with their company Broadcast.com. They were ahead of the curve, offering what we now recognize as streaming audio and video long before YouTube and other platforms existed. By 1999, their innovative venture caught the eye of internet giant Yahoo, leading to a massive acquisition deal. Don't Miss: This startup’s stem cell research aims to reduce reliance on animal testing — Sees 55% uptick in YTD sa
( 71
min )
Cisco Systems, Inc (NASDAQ:CSCO) stock gained in Wednesday after-hours trading after the company reported upbeat fourth-quarter earnings. The results came amid an exciting earnings season. Here are some key analyst takeaways. Cisco reported fiscal ...
( 71
min )
In a recent call to The Ramsey Show, Angie from San Francisco shared concerns that resonate with many middle-aged couples. At 47, Angie and her husband are debt-free except for their mortgage, which they plan to pay off next year. Despite their progress, Angie wondered if they started too late to secure a comfortable retirement. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Can you guess how many retire with a $5,000,000 nest egg? – How do
( 71
min )
Real estate mogul Grant Cardone has a message for aspiring homeowners – keep renting, at least for now. In a Fox News interview on Wednesday, Cardone advised would-be buyers to hold off on purchases until the Federal Reserve lowers interest rates to 4%. He reiterated this stance in a tweet. Don't Miss: Miami is expected to take New York's place as the U.S. Financial Capital. Here's how you can invest in the city before that happens. This Jeff Bezos-backed startup will allow you to become a landl
( 71
min )
“It’s not different this time,” Mark Spitznagel, co-founder and CIO of the private hedge fund Universa Investments, told Fortune.
( 73
min )
Trimming stock positions depends on the reason for the Fed reducing borrowing costs
( 72
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(Bloomberg) -- A flurry of data showing the American economy’s resilience has put US stocks on course for their strongest week of the year.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using Only Public TransitThe latest readings, from inflation to jobless clai
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(Reuters) -B. Riley Financial's co-founder and co-CEO, Bryant Riley, disclosed on Friday that he has proposed to buy the investment bank, in a dramatic end to a punishing week that wiped out nearly $360 million in market value. The take-private bid comes after several months of turmoil stemming from the bank's association with Vitamin Shoppe-owner Franchise Group, which attracted scrutiny from investors and regulators. Riley, who is also the largest shareholder with a 24% stake, has offered $7 each for the shares he does not currently own, valuing the bank at $212 million.
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Should you buy the dip or stay far away from this tanking tech stock?
( 71
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Is Nvidia's recent sell-off a reason for concern?
( 71
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News of the day for August 16, 2024
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You won't have to worry about tracking individual dividend stocks anymore with these funds.
( 72
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Find the latest Linde plc (LIN) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 47
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Netflix may have just beaten Disney at its own game.
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AT&T is a dividend-paying machine.
( 69
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I am trying to decide if I should pay off my house worth about $750,000. I owe around $120,000 on an adjustable-rate mortgage (ARM). On the other hand, my 4.5% interest rate just ended and I know the interest will continue to rise in this economy. My mortgage is $1,450 per month, having risen $400 […] The post Ask an Advisor: I’m a Retired Teacher With a State Pension, Social Security and $550k in Savings. Should I Pay Off My $120k Mortgage? appeared first on SmartReads by SmartAsset.
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Approximately 80% of all Americans aged 60 and older are homeowners, and housing wealth accounts for about 48% of the median wealth of that group. As retirees near large cities, and strong housing markets, start retiring, they realize they can … Continue reading → The post Vanguard Says Retirees Can Add at Least $100k to Retirement Savings By Doing This appeared first on SmartAsset Blog.
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Find the latest Deere & Company (DE) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
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These three tech stocks are off their highs and look like great long-term buys.
( 71
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The business is generating a lot of growth due to artificial intelligence, but is it enough to send the stock higher?
( 70
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Why these two companies could be the next big positions Berkshire Hathaway looks to sell.
( 72
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Nvidia needs to do one thing to justify its premium valuation, in Aswath Damodaran's opinion.
( 71
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Investors appear to be having second thoughts about this high-flying tech stock.
( 71
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Texas Instruments has signed a preliminary agreement with the U.S. Department of Commerce to receive up to $1.6 billion in proposed direct funding under the CHIPS and Science Act, it said on Friday.
( 68
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These stocks offer significant growth potential at relatively low valuations.
( 71
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Costco just announced big news, again.
( 71
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The Oracle of Omaha's actions speak far louder than his words.
( 73
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(Bloomberg) -- JetBlue Airways Corp.’s third-biggest shareholder isn’t an institutional investor, an activist firm or even an internet-famous meme stock trader. He's just a guy trying to make a buck.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using Only Publi
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The hedge fund manager doesn't seem to be as bullish about AI as he once was.
( 71
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A falling share price has cast doubt on this promising company's investment potential.
( 71
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More than a half-dozen prominent billionaire money managers were sellers of Wall Street's artificial intelligence (AI) leader for a third consecutive quarter.
( 72
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The e-commerce software giant has fallen over 60% from its 2022 highs.
( 71
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This summer, the previously unassailable Magnificent Seven stocks have experienced some uncharacteristic weakness. Investors have been taking stock of both their large gains over the past year and their relatively elevated valuations and evaluating whether there are more attractive opportunities in other sectors of the market. This has led to something of a rotation into more value-oriented sectors like Healthcare and Financials. But these are still some of the world’s most dominant companies, a
( 72
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A small telemedicine company just entered the weight loss race.
( 72
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Devon Energy has a 4.4% yield, but you can't count on it to keep paying at the current level. Here's a high yield you can count on.
( 71
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These two stocks offer great dividends and potential share price growth. Plus, you'll sleep well at night holding them.
( 71
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(Bloomberg) -- Asian stocks rallied as traders flocked back into risk assets amid growing expectations that the US economy will avoid a recession. Treasuries held losses, while the yen is set for its worst week since May.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionThe Cross-Continental Race Using
( 63
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The Nevada Gaming Control Board filed a disciplinary complaint Thursday alleging that one of the largest casinos on the Las Vegas Strip welcomed illegal bookmaking, people with a history of gambling-related felony convictions and individuals linked to organized crime. Many of the allegations against Resorts World Las Vegas centered on Mathew Bowyer, the Southern California bookmaker who took thousands of sports bets from the former interpreter for baseball star Shohei Ohtani. Bowyer pleaded guilty last week in federal court in Santa Ana, California, to running an illegal gambling business.
( 71
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(Bloomberg) -- Applied Materials Inc., the largest US maker of chip-manufacturing equipment, delivered an in-line sales forecast that disappointed investors who’d been looking for a bigger payoff from artificial intelligence spending. Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionThe Cross-Continent
( 70
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(Bloomberg) -- Chinese investors finally being able to buy shares of Alibaba Group Holding Ltd. may provide a much-needed boost for the e-commerce firm’s stock, with an inflow of up to about $20 billion into next year.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionThe Cross-Continental Race Using Onl
( 71
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(Bloomberg) -- Chinese investors finally being able to buy shares of Alibaba Group Holding Ltd. may provide a much-needed boost for the e-commerce firm’s stock, with an inflow of up to about $20 billion into next year.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionThe Cross-Continental Race Using Onl
( 71
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These stocks in Nvidia's portfolio lost ground in the second quarter of 2024, though a majority are still higher for the year so far.
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Vice President Kamala Harris laid out her economic agenda Friday, promising tax breaks for middle-class families and to crack down on companies raising rent and grocery prices.
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The S&P 500 added 0.2% on Friday, Aug. 16, closing out a strong week and completing its recovery from a selloff at the beginning of the month.
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Several prominent hedge funds cut their stakes in these big tech companies in the second quarter, ahead of the global sell-off that hit markets in early August, filings show.
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Rivian Automotive shares declined in intraday trading Friday after the electric vehicle (EV) maker halted production of vans for Amazon because of a parts shortage.
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Shares of Bavarian Nordic surged in Danish trading Friday as investors bought into the company with the only approved mpox vaccine in the U.S. and Europe.
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The experimental COVID-19/flu vaccine from Pfizer and BioNTech missed one of two key endpoints in a Phase 3 study.
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Warren Buffett's Berkshire Hathaway added a few new positions and raised some of its equity stakes in the second quarter, though it trimmed more of its stock holdings than it added, bringing the conglomerate's cash and U.S. Treasury holdings to a record high.
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The Michigan Consumer Sentiment Index improved in August, its first increase in five months, as economists said people are beginning to notice the slowdown in inflation.
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The Dow, S&P 500, and Nasdaq were little changed at midday Friday heading to the end of a week of gains for the major indexes.
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Texas Instruments said it has a preliminary agreement with the Commerce Department to receive up to $1.6 billion in CHIPS Act money for three semiconductor factories being built in Texas and Utah.
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Revolut, which reportedly is considering an IPO on the Nasdaq, has secured a $45 billion valuation in a share sale by employees, cementing the SoftBank-backed company's position as one of the world's most valuable fintech firms.
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Not since the early days of COVID-19 have homebuilders started so few projects as they did in July. High mortgage rates have weighed on the housing market, though those rates have started to fall.
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Madison Square Garden Entertainment had a surprise fourth-quarter profit as event and food, beverage, and merchandise revenue increased.
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A U.S. appeals court ruled in favor of Bayer-owned Monsanto in a lawsuit alleging the company failed to warn customers about the cancer risk of its Roundup weed killer.
( 21
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H&R Block shares are soaring Friday, a day after the tax-prep firm reported better-than-forecast fourth-quarter results, a dividend increase, and a $1.5 billion buyback program.
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Shares Have Climbed 24% During S&P 500's Six-Session Winning Streak
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News of the day for August 16, 2024
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Walmart shares surged to a record high Thursday after the discount retailer reported strong earnings and lifted its full-year outlook. Monitor these important post-earnings price levels.
( 22
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De prijs van goud is voor het eerst in de geschiedenis hoger dan 2.500 dollar per troy ounce (31,1 gram). Dat is te danken aan de verwachting van beleggers dat de Amerikaanse centrale bank niet lang meer wacht met het verlagen van de rente.
( 1
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De prijs van goud is voor het eerst in de geschiedenis hoger dan 2500 dollar per troy ounce (31,1 gram). Dat is te danken aan de verwachting van beleggers dat de Amerikaanse centrale bank niet lang meer wacht met het verlagen van de rente.
( 1
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De staking in de grootste kopermijn ter wereld is, in ieder geval voor even, ten einde. Eigenaar BHP van Escondida in Chili bereikte vrijdag een akkoord met een vakbond over een voorlopige loonovereenkomst.
( 1
min )
Het rijdende treinrestaurant Dinner Train annuleert ritten vanwege problemen binnen het bedrijf. Het is op dit moment niet mogelijk om nieuwe diners te reserveren omdat de boekingsmodule op de website van het bedrijf niet werkt.
( 1
min )
Het kersverse kabinet moet flink aan de bak om ervoor te zorgen dat het begrotingstekort niet oploopt tot boven de Europese 3 procentsnorm. Volgens CPB-directeur Pieter Hasekamp kan dat grote gevolgen hebben voor de economie.
( 1
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Europese iPhone- en iPad-bezitters kunnen weer Fortnite spelen, vier jaar nadat Apple de game uit de App Store haalde. Ontwikkelaar Epic Games heeft daarvoor een eigen appwinkel uitgebracht.
( 1
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BMW roept in China bijna 1,4 miljoen auto's terug. De voertuigen kunnen uitgerust zijn met airbags die niet goed werken, zo meldt de markttoezichthouder vrijdag.
( 1
min )
ING-klanten met een creditcard krijgen de komende tijd mogelijk compensatie, omdat ze te veel rente hebben betaald. De bank verstuurt momenteel voorstellen naar klanten met daarin het bedrag dat ze tegemoet kunnen zien.
( 1
min )
Oliedienstverlener SLB is nog actief in Rusland, terwijl de meeste westerse concurrenten zich sinds de oorlog in Oekraïne hebben teruggetrokken. Volgens Financial Times heeft de grootste oliedienstverlener ter wereld de activiteiten in Rusland zelfs uitgebreid.
( 1
min )
Oliedienstverlener SLB is nog actief in Rusland, terwijl de meeste westerse concurrenten zich sinds de oorlog in Oekraïne hebben teruggetrokken. Volgens Financial Times heeft de grootste oliedienstverlener ter wereld de activiteiten in Rusland zelfs uitgebreid.
( 1
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Het kabinet heeft de komende jaren weinig bewegingsruimte. De uitgaven stijgen harder dan de inkomsten, waardoor het begrotingstekort verder oploopt. Dat betekent dat er bij toekomstige tegenvallers noodgedwongen bezuinigd moet worden.
( 1
min )
Britse winkels zagen hun inkomsten stijgen in juli, onder meer doordat het Engelse voetbalelftal goed presteerde op het Europees kampioenschap.
( 1
min )
De verkoop van Chinese elektrische auto's was afgelopen maand fors lager dan de maand ervoor. De verkopen halveerden bijna, met een min van 45 procent. Dat blijkt uit gegevens van DataForce, waarover nieuwsdienst Bloomberg schrijft.
( 1
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Het aantal passagiers dat van en naar Nederland vliegt, is weer toegenomen. In het tweede kwartaal kwamen en vertrokken 20,1 miljoen mensen, 6 procent meer dan een jaar eerder. Maar het is nog niet zo druk op de luchthavens als voor corona.
( 1
min )
Op internet zijn de naarste foto's en video's - van kindermisbruik tot onthoofdingen - te vinden. Naomi Roozendaal verwerkt zulke beelden, zodat ze offline gehaald kunnen worden. NU.nl sprak haar over dit bijzondere werk, dat soms voelt als dweilen met de kraan open.
( 1
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Steeds meer werkenden starten de werkdag thuis op en rijden dan wat later naar de zaak. Dat scheelt verloren tijd van het in de file staan. En het komt de productiviteit ten goede.
( 1
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The company did well financially in an 11-property deal with a business partner.
( 69
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Warren Buffett, the legendary investor, has disclosed significant stock sales by Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) in the second quarter, including a substantial reduction in its Apple Inc. (NASDAQ:AAPL) holdings. What Happened: Buffett's ...
( 71
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Kroger had previously promised to lower grocery prices by $500 million at Albertsons locations. The supermarket mega-merger, first announced in October 2022, was expected to create a grocery empire with more than 4,000 stores.
( 68
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Stellantis (STLA) has been sued by shareholders in the United States who said the European-American automaker defrauded them by concealing rising inventories and other weakness, before posting disappointing earnings that caused its stock price to fall.
( 69
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A wrongful death lawsuit against Walt Disney Parks and Resorts is serving as a reminder to consumers of the importance of reading the fine print when signing up for a streaming service or smartphone app. The lawsuit was filed by the family of a New York woman who died after eating at a restaurant in Disney Springs, an outdoor dining, shopping and entertainment complex in Florida owned by Disney. Disney is arguing that the lawsuit should be dropped because the plaintiff, the woman's husband, once signed up for a trial subscription of the Disney+ streaming service.
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Dell Technologies shares jumped Thursday, adding to recent gains as analysts highlighted the legacy computing company's opportunity to gain from surging demand for artificial intelligence.
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Bayer won a legal victory in its fight to limit liability from claims that its Roundup weed killer causes cancer, as a U.S. appeals court on Thursday said federal law shields the German company from a lawsuit by a Pennsylvania landscaper. The 3rd U.S. Circuit Court of Appeals in Philadelphia rejected plaintiff David Schaffner's claim that Bayer's Monsanto unit violated state law by failing to put a cancer warning on the label for Roundup.
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Lockheed will pay 25 cents per share in cash, representing a 37.5% discount to Terran's last close. The company in March had offered $1 per Terran share. Terran's shares plunged nearly 41% to 24 cents on the New York Stock Exchange.
( 69
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Oppenheimer initiated coverage on Vaxart Inc. (NASDAQ:VXRT), an American biotechnology company focused on the discovery, development, and commercialization of oral recombinant vaccines. The analyst’s bullish view is centered around optimism associated with attractive opportunities for Vaxart’s ‘differentiated’ oral vaccine platform and key programs, such as the norovirus vaccine and COVID-19 vaccine. Oppenheimer initiated with an Outperform rating and a price target of $4, representing significa
( 70
min )
Berkshire Hathaway is adding to its position in one of the biggest losers on its scorecard this year. It makes more sense than you think.
( 71
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The AI chip leader's upcoming earnings report could reveal new developments that impact the share price.
( 70
min )
AI offerings from tech companies could help boost the stock.
( 23
min )
Auto sales roar, Cybertruck sales soar, and three car companies debate which of them is best.
( 70
min )
The SEC probe of investment bank B. Riley, a name in the fashion and retail sectors, centers on its ties to a former Franchise Group CEO.
( 74
min )
There are a number of pharmaceutical companies looking to make waves in the weight loss market.
( 71
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Incoming Starbucks CEO could make well in excess of $100 million in his first year with the company under an incentive-laden contract, and he will not be required to relocate from his home in California to Seattle, the home of the global coffee giant. Starbucks announced on Tuesday that Niccol would become its chairman and CEO, taking over from Laxman Narasimhan, who stepped down abruptly after spending a little more than a year as the company's top executive. Niccol will become Starbucks’ chairman and CEO on Sept. 9.
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I worry about some of my stocks if the market takes a downward turn, but not this one.
( 71
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Spousal Social Security benefits can provide a lot of money, but they're not always your best option.
( 71
min )
Plunging U.S. revenue at X risks opening up a "massive hole" on its balance sheet that Musk needs to plug to stave off its financial collapse.
( 71
min )
There might be a single problem holding this stock back -- a problem that should be fixed within the next few years.
( 71
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(Bloomberg) -- Alibaba Group Holding Ltd. posted a disappointing 4% rise in revenue, after aggressive promotions and new shopping features failed to drive spending in a patchy Chinese consumer environment.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionJohannesburg Mayor Quits Amid Infighting, Financi
( 71
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Earnings are fast approaching.
( 71
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Alibaba Group Holding Limited (NYSE:BABA) stock is trading lower Thursday after the company’s fiscal first-quarter print. The Chinese e-commerce juggernaut is fighting intense domestic e-commerce rivalry in a weak domestic economy. The Jack Ma co-founded e-commerce giant reported fiscal first-quarter 2024 revenue growth of 4% year-on-year to $33.47 billion, missing the analyst consensus estimate of $34.81 billion. Adjusted earnings per ADS of $2.26 beat the analyst consensus estimate of $2.13. N
( 70
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Find the latest Applovin Corporation (APP) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
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Nvidia has been a tremendous performer, but I think a different type of stock will be the biggest winner over the next few years.
( 71
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I’ve had a financial advisor, who is a certified financial planner (CFP), since December of last year. I really find his advice super valuable, but I can't seem to get over the fact that he sold all of my Nvidia stock when he took over as my CFP. I had bought $20,000 worth of Nvidia […] The post Ask an Advisor: My Advisor Sold My Nvidia Stock When I Hired Him, Costing Me $50k in Potential Profits. How Do I Deal With It? appeared first on SmartReads by SmartAsset.
( 74
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Inheriting an IRA as a beneficiary can increase your financial security. But, because an inherited IRA usually imposes a 10-year distribution schedule, the account may also create larger tax implications than expected. However, exceptions to this timeline are available. Here’s how distributions work and how to prepare yourself for anticipated taxes. A financial advisor can […] The post How the 10-Year RMD Rules Work for Inherited IRAs appeared first on SmartReads by SmartAsset.
( 73
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Former President Donald Trump may be in the midst of a Presidential campaign, but the Trump empire keeps expanding. The Trump Organization has real estate holdings around the world, from golf courses in Scotland to residences in Bali. One of his ...
( 71
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Alibaba Group Holding missed market expectations for first-quarter revenue on Thursday, as the company's domestic e-commerce sales came under pressure from cautious spending by Chinese consumers in a faltering economy. The company reported revenue of 243.24 billion yuan ($33.98 billion) in the quarter ended June 30, compared with analysts' average estimate of 249.05 billion yuan, according to LSEG data. ($1 = 7.1584 Chinese yuan renminbi)
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These stocks could help you build a millionaire-maker portfolio.
( 71
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Deere & Co reported a lower second-quarter profit on Thursday, as high borrowing rates and plummeting farm incomes hampered demand for the company's tractors and other farm equipment. The company reported a net income of $1.73 billion, or $6.29 per share, for its third quarter, compared with $2.98 billion, or $10.20 per share, a year earlier.
( 68
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The stocks have jumped on their earnings report. Here's why they could keep rallying.
( 71
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Walmart Inc. (NYSE:WMT), the largest retailer in the world, never missed consensus EPS and revenue estimates for the last eight quarters. It will report its Q2 2025 earnings on Aug. 15 before the market opens. Wall Street analysts expect the retailer ...
( 71
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'The Buffett Rule' was coined after the Berkshire Hathaway CEO highlighted he pays the same percentage share of income tax as his secretary Debbie Bosanek.
( 70
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These technologies could be game-changers. And they could make forward-thinking investors a lot of money.
( 71
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The recent stock market dip could be a golden opportunity for investors to load up on artificial intelligence (AI) stocks.
( 72
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Bitcoin could soar in price over the next decade. But that's not the only reason billionaires are buying Bitcoin.
( 71
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These growing companies could multiply your money over the next decade.
( 70
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Wall Street's hottest trend since the advent of the internet 30 years ago is bringing out some otherworldly price targets from analysts and money managers.
( 73
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The U.S. Federal Reserve will likely cut interest rates next month, but the stock market's response might surprise you.
( 72
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Amazon wants to be the go-to destination for artificial intelligence (AI) developers, whether they need computing power or ready-made large language models.
( 72
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(Bloomberg) -- Equities in Japan and China advanced, following gains on Wall Street, as investors cheered a string of encouraging economic data points from the world’s three largest economies.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionJohannesburg Mayor Quits Amid Infighting, Financial WoesJapan’
( 71
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Finding the right EV stocks to invest in for the long haul could provide investors with huge returns.
( 71
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Based on current prices, these three stocks will generate a high dividend yield for investors looking for passive income.
( 71
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Two phenomenal businesses with extremely bright futures are currently valued at single-digit forward-earnings multiples.
( 72
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These companies are more established in AI and could overtake Apple before 2030.
( 71
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These professional investors are finding value in China, energy, and video games.
( 72
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(Bloomberg) -- Shares of vaccine and other medical product makers that can help combat a fast-spreading mpox virus strain advance, after the World Health Organization declared an outbreak in Africa a global health emergency. Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionJohannesburg Mayor Quits Amid
( 70
min )
The coffee giant’s new CEO won’t have to relocate to the corporate headquarters in Seattle, according to his offer letter.
( 69
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Intel's share price has plummeted 60% in 2024, and the company has a lot of proving to do.
( 70
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Berkshire Hathaway opened new positions in Ulta Beauty and Heico Corp. in the second quarter, while halving its stake in Apple and cutting back on Chevron, according to a regulatory filing.
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A handful of central bankers made remarks in public or the press after Wednesday's inflation report, but none committed to cutting the fed funds rate at their September meeting.
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Goldman Sachs, Morgan Stanley and hedge funds like Renaissance Technologies loaded up on spot bitcoin ETFs in the second quarter.
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Shares of credit score provider Fair Isaac (FICO) fell Thursday after SEC filings showed selling activity by company insiders.
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Applied Materials reported stronger-than-expected results for the fiscal third quarter, amid a surge in demand that the company's CEO said was fueled by the race for artificial intelligence leadership.
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The S&P 500 was up 1.6% on Thursday, Aug. 15, 2024, as a strong retail sales report underscored the resilience of U.S. consumers.
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Dell Technologies shares jumped Thursday, adding to recent gains as analysts highlighted the legacy computing company's opportunity to gain from surging demand for artificial intelligence.
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Dell Technologies shares jumped Thursday, adding to recent gains as analysts highlighted the legacy computing company's opportunity to gain from surging demand for artificial intelligence.
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Dillard's shares tumbled Thursday after the department store chain missed earnings and revenue estimates as sales slowed and costs rose.
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Shares of Robinhood Markets climbed Thursday after the e-brokerage posted strong user data and Deutsche Bank analysts upgraded the stock.
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Target reports second-quarter results on Wednesday, Aug. 21, following an encouraging week of retail sales data and earnings from rivals like Walmart.
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Six Flags Entertainment shares rose Thursday after the company unveiled investments for 2025, including seven new roller coasters.
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Medicare enrollees will save $1.5 billion in out-of-pocket costs in 2026 as a result of drug price negotiations by President Joe Biden administration’s Inflation Reduction Act (IRA) of 2022.
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All signs point to weakness in the manufacturing sector. Is it a recessionary sign or the impact of the Federal Reserve's still-restrictive policy?
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U.S.-traded shares of Alibaba Group Holding mostly shook off premarket struggles Thursday after the Chinese e-commerce retailer's results missed expectations.
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Buy now, pay later (BNPL) company Klarna is rolling out new savings and spending account features as the Swedish fintech firm tries to take a "bite out of banks' lunch."
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U.S. equities gained at midday Thursday following a report that showed retail sales rose more than expected last month, easing fears of a recession.
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The retail giant said market share gains were "primarily" driven by wealthier households in the latest quarter.
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Investors looking for a way to play the stock market beyond the Magnificent Seven-dominated S&P 500 might wanted to consider the “S&P 493" over small-cap indexes, according to Bank of America analysts.
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Homebuilders are counting on lower mortgage rates to boost the housing market, but they were still waiting as of earlier this month.
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Grab Holdings posted lower-than-expected revenue and gave a soft full-year outlook as riders spent less on its service.
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Amazon has been chosen to test consumer drone deliveries in the UK as part of a widespread evaluation of the technology by regulators.
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Chinese e-commerce giant JD.com on Thursday reported second quarter profits nearly doubled from a year ago, amid intense competition to draw cautious consumers.
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Walmart Earnings and Retail Sales Data Boost Investor Sentiment
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Pelosi Has Made Millions from Investing in Lucrative Tech Stocks
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Tapestry exceeded fourth-quarter estimates as demand for its fashion products jumped in Europe.
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Warren Buffett's Berkshire Hathaway boosted its stake in Sirius XM Holdings, sending shares of the satellite radio company higher Thursday.
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Walmart shares soared Thursday after the retail giant reported second-quarter sales above expectations and raised its full-year revenue and profit projections.
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Deere shares edged higher Thursday after the agriculture equipment manufacturer's third-quarter earnings beat estimates, despite "challenging conditions" in key markets.
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News of the day for August 15, 2024
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Shares in Cisco Systems jumped ahead of Thursday’s opening bell after the technology and networking company released earnings that topped Wall Street’s estimates and announced that it’s cutting 7% of its global workforce. Monitor these key chart levels.
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Shares Jumped 14% in Extended Trading
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Encouraging inflation data has removed doubts about whether the Federal Reserve will cut interest rates, but there's a debate going on about how quick and deep those cuts will be.
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Berkshire Hathaway opened new positions in Ulta Beauty and Heico Corp. in the second quarter, while halving its stake in Apple and cutting back on Chevron, according to a regulatory filing.
( 22
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Huishoudens met zonnepanelen zijn steeds wat duurder uit. Sinds toezichthouder ACM heeft gezegd dat de terugleverkosten bij vier grote energieleveranciers niet onredelijk zijn, hebben andere leveranciers hun kosten verhoogd. Soms moeten klanten zelfs betalen voor hun opgewekte stroom.
( 1
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De Oekraïense president Volodymyr Zelensky zou de plannen om de Nord Stream-pijpleidingen op te blazen in eerste instantie hebben goedgekeurd. Later probeerde hij de sabotage tegen te houden, schrijft The Wall Street Journal (WSJ) op basis van anonieme bronnen.
( 1
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De Oekraïense president Volodymyr Zelensky zou de plannen om de Nord Stream-pijpleidingen op te blazen in eerste instantie hebben goedgekeurd. Later probeerde hij de sabotage tegen te houden, schrijft The Wall Street Journal (WSJ) op basis van anonieme bronnen.
( 1
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De Nieuw-Zeelandse minister van Justitie heeft het uitleveringsbevel getekend waardoor Kim Dotcom uitgezet zal worden naar de Verenigde Staten. De internetondernemer verzette zich twaalf jaar lang tegen dit moment.
( 1
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De Britse economie is twee kwartalen op rij gegroeid. Daarmee verdwijnt de recessie van vorig jaar verder uit zicht.
( 1
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Het aantal werknemers met een vast contract neemt toe. Maar hoe kan je je baas daar het best om vragen? Door te dreigen om op te stappen, door erom te vragen, of door geduld te hebben?
( 1
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Het aantal werknemers met een vast contract neemt toe. Maar hoe kan je je baas daar het best om vragen? Door te dreigen om op te stappen, door erom te vragen, of door geduld te hebben?
( 1
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Nederlandse banken mogen samenwerken om hun duurzaamheidsrapportages op te stellen en beter vergelijkbaar te maken. Zo kunnen bijvoorbeeld investeerders duurzamere keuzes maken.
( 1
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Nederlandse banken mogen samenwerken om hun duurzaamheidsrapportages op te stellen en beter vergelijkbaar te maken. Zo kunnen bijvoorbeeld investeerders duurzamere keuzes maken.
( 1
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Netbeheerder TenneT heeft een overeenkomst gesloten met bouwbedrijven BAM, Strukton en VolkerWessels. Deze partijen gaan de komende jaren werkzaamheden verrichten voor de uitbreiding van het elektriciteitsnet. Met het contract is een bedrag van 2,5 miljard euro gemoeid.
( 1
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De omzetgroei in de detailhandel is dit jaar tot nu toe lager uitgevallen dan in 2023. Ondernemers hebben zowel een flink tekort aan personeel als hoge kosten, meldt ING Research. Daarnaast houden consumenten de hand op de knip.
( 1
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De werkloosheid is in juli onveranderd gebleven. In de afgelopen maand waren 370.000 mensen in de leeftijd van 15 tot 75 jaar werkloos. Dat was net als in mei en juni 3,6 procent van de beroepsbevolking.
( 1
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Het aantal nieuwbouwwoningen kan de komende jaren flink toenemen. Dit jaar zijn in de lente 21 procent meer vergunningen verleend voor woningbouw dan een jaar eerder. Dat kan een grote stap zijn voor het aanpakken van de woningnood.
( 1
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A handful of institutional investors bought large positions in former President Donald Trump’s media company in the second quarter ahead of the company's inclusion in two Russell indexes, regulatory filings released on Wednesday showed. Among the biggest purchasers of shares of Trump Media & Technology Group, the parent company of the Truth Social platform, were asset managers Vanguard, State Street and BlackRock, which are known for their passive investing businesses. Vanguard Group initiated a new position with the purchase of nearly 2.9 million shares of Trump Media, with a market value of approximately $94.3 million at the end of the quarter, the filings showed.
( 70
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(Bloomberg) -- Billionaire investor David Tepper held about steady in the Chinese companies that he scooped up earlier this year, even as he trimmed his stakes in Alibaba Group Holding Ltd. and US tech giants.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionJohannesburg Mayor Quits Amid Infighting, Fin
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Warren Buffett offered more details Wednesday about the stocks he has been selling lately, including confirming that he sold more than 389 million Apple shares during the second quarter. Berkshire Hathaway still owns 400 million shares of the iPhone maker, so it remains the biggest position in the conglomerate's stock portfolio, according to the company's latest filing with the Securities and Exchange Commission. The news that Buffett had unloaded a huge chunk of Apple came out in Berkshire's earnings report earlier this month, but the exact number of shares he sold wasn't clear until Wednesday.
( 69
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Cisco Systems is cutting roughly 7% of its workforce as it pivots to higher-growth areas like cybersecurity and AI, the company said in an SEC filing alongside its fiscal fourth-quarter results.
( 69
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Amplitude looks like its starting to turn the corner.
( 71
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(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. added small stakes in retail cosmetics chain Ulta Beauty Inc. and aerospace company Heico Corp. during the second quarter, amid the conglomerate’s broader selling spree. Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionJohannesburg Mayor Quits Ami
( 69
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Living off dividends sounds fantastic, but it isn't easy. To earn significant dividends, you must put a hefty amount into stocks/ETFs with high yields and constantly watch out for risks and losses. The last thing you'd want in your dividend investing ...
( 71
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Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year as the company shifts its focus to more rapidly growing areas in technology, such as artificial intelligence and cybersecurity. The company based in San Jose, California, did not specify the number of jobs it is cutting. It had 84,900 employees as of July 2023.
( 69
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Warren Buffett's Berkshire Hathaway acquired stakes in cosmetics store chain Ulta Beauty and aircraft parts maker Heico during the second quarter, when it also significantly cut its huge stake in Apple. Berkshire owned about 690,000 Ulta Beauty shares worth $266.3 million and 1.04 million Heico shares worth $185.4 million as of June 30, according to a Wednesday regulatory filing containing its U.S.-listed holdings as of that date. The quarter reflected a big retreat by Buffett from stocks, with Berkshire selling about 390 million Apple shares, or nearly half its stake.
( 69
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Cisco Systems announced a restructuring plan on Wednesday to invest in key growth opportunities and drive more efficiencies. It estimates it will recognize pre-tax charges of up to $1 billion in connection with the plan, with $700 million to $800 million of these charges being recognized in the first quarter. San Jose, California-based Cisco's shares rose 5% in trading after the bell.
( 68
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People have always aspired to be "rich." Some may argue that truly being rich goes far beyond anything material. However, strictly speaking, financially, do you know what it takes to be considered rich in 2024? It mixes income, net worth, and where you live. The definition of wealth varies, but here's a look at what it generally takes to be seen as wealthy today, using some benchmark standards. Don't Miss: The average American couple has saved this much money for retirement — How do you compare?
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(Bloomberg) -- Michael Burry, the hedge fund manager famous for his 2008 bet against the US housing market and subsequent depiction in the book and movie The Big Short, further increased his stake in Alibaba Group Holding Ltd. while slashing his overall equity portfolio in half in the second quarter.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryBiden Invests $100 Million to Fuel Housing ConstructionA Warehou
( 70
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A running joke among residents of McLean, Virginia is that the most secretive organization headquartered in their Washington D.C. suburb is not the Central Intelligence Agency, but rather a confectionery and pet products company. The vast majority of the Mars family is derived from the eponymous company, one of the few conglomerates to have snubbed a stock market listing in favor of secrecy. The company says this allows it to make decisions for the long term without worrying about investors scrutinizing its earnings every quarter.
( 71
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Disney says its Disney+ terms of service prevent a wrongful death lawsuit centered on one of its theme park restaurants from moving forward.
( 64
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Five law firms should receive $267 million in legal fees for obtaining a $1 billion settlement for shareholders of Dell Technologies, the Delaware Supreme Court ruled on Wednesday, rejecting arguments that the payment was a windfall. The fee is one of the largest ever for U.S. shareholder litigation. A Delaware trial court is weighing two other requests for huge legal fees, both in cases involving Tesla.
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Shares of former U.S. President Donald Trump's media company dipped and neared record lows on Wednesday, following weak quarterly results and the Republican presidential candidate's return to social media platform X. Trump's dwindling lead in polls and election betting markets in recent weeks has also hit the stock, which has been seen by some retail traders as a bet on whether Trump would win a second term. Trump majority owns Trump Media & Technology Group, whose main asset is the Truth Social app popular among some conservatives.
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In a positive development for investors, two high-quality real estate investment trusts (REITs) announced dividend increases last week. Investors should take note of REITs that are increasing their dividends because this typically indicates strong ...
( 68
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No matter what the market does, some of my top stock holdings still let me sleep well at night.
( 68
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Intel's divestment of Arm shares followed the delivery of one of its worst earnings reports since the company's inception 56 years ago.
( 69
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In a housing market that’s leaving many Americans priced out, a handful of major U.S. cities still offer affordability for middle-income homebuyers. A recent analysis by mortgage analytics firm HSH identified 11 large urban centers where households earning around $75,000 annually can still afford a home. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Miami is expected to take New York's place as the U.S. Financial Capital. Here's how you ca
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The coffee chain hasn’t disclosed outgoing CEO Laxman Narasimhan’s termination agreement, but he has millions on the table to smooth his exit.
( 71
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Former President and current presidential candidate Donald Trump’s proposal to eliminate federal taxes on Social Security income has sparked a fresh wave of discussion among economists and senior voters. Don't Miss: The number of ‘401(k)' Millionaires is up 43% from last year — Here are three ways to join the club. Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? A billion-dollar investment strategy with minimums as low as $10 — you can become part
( 71
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The consumer price index increased 0.2% last month after falling 0.1% in June, the Labor Department said on Wednesday. In the 12 months through July, the CPI increased 2.9% after advancing 3.0% in June. Economists polled by Reuters had forecast the CPI increasing 0.2% on the month and rising 3.0% year-on-year.
( 70
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Ruggeri sold the 3,750 stocks yesterday for $341,850 under a Rule10b5-1 trading agreement, which allows business insiders and executives to trade their shares in a publicly listed company without risk of breaking the law.
( 70
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1995 was a period when the Fed embarked on a rate-cut cycle that may have parallels to what the markets are expecting for September.
( 71
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As the 2024 U.S. presidential campaign unfolds, market analysts are closely monitoring potential outcomes.
( 69
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Last week, the stock market experienced significant fluctuations that caused concern among investors. Sizable drops on August 5 led to headlines about a "market sell-off" and widespread investor panic. However, the major indexes finished the week with only a modest change. This short-term panic led many finance experts to take to their channels and tell investors to calm down. Among them, Dave Ramsey discussed this stock market volatility on "The Ramsey Show" and advised investors on handling sh
( 71
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Kellanova (NYSE:K) shares are trading higher on Wednesday after Mars, Inc. agreed to acquire the company for $83.50 per share, valuing it at $35.9 billion, including assumed net leverage. The transaction price of $83.50 per share for Kellanova reflects a 44% premium over its 30-day average trading price and a 33% premium over its 52-week high as of August 2, 2024. The deal values Kellanova at 16.4 times its last twelve months adjusted EBITDA as of June 29, 2024. Mars plans to finance the acquisi
( 70
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Warren Buffett is offloading some of his biggest holdings amid broader market sell-offs.
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Opportunities like this don't come very often.
( 71
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Devon Energy expects its Grayson Mill deal to pay big dividends next year.
( 71
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On Wednesday, Avalon GloboCare Corp. (NASDAQ:ALBT) announced that Laboratory Services MSO, LLC has begun manufacturing the GeeWhiz External Condom Catheter, a patented, FDA-registered, in-market, male incontinence device. Avalon owns a 40% interest in Laboratory Services MSO. Laboratory Services MSO plans to launch its sales of the GeeWhiz External Condom Catheter in the third quarter of 2024. According to Grand View Research, the global male urinary incontinence market size was valued at $6.37
( 69
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Mars, whose brands include M&M's, Snickers and Skittles, is buying food company Kellanova in a deal worth nearly $30 billion, giving it access to a huge portfolio of consumer brands from Cheez-Its to Pop-Tarts. Kellanova was created when the Kellogg Co., which was formed in 1906, split into three companies. Kellanova, based in Chicago, houses many brands, including Pringles, Town House, MorningStar Farms and Rice Crispies Treats.
( 69
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Eric Schmidt was responding to a question about how Google have lost the lead in AI to startups like OpenAI and Anthropic.
( 70
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Find the latest Shell PLC (SHEL) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
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Suppose you and your spouse are both 65 years old, have $1 million in savings and collect $30,000 per year in Social Security. Is that enough to fund a $70,000 per year retirement? It will depend on your personal circumstances, especially where you live, but $70,000 may be enough for some households. Whether your assets […] The post We’re 65, Have $1 Million Saved and $30K in Social Security Benefits. Can We Live on $70K Per Year? appeared first on SmartReads by SmartAsset.
( 72
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Mortgage applications rose 16.8% in the last week, the Mortgage Bankers Association said.
( 70
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Super Micro Computer's stock is a great buy after a harsh sell-off.
( 71
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Find the latest CrowdStrike Holdings, Inc. (CRWD) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 47
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You might be surprised by what my favorite ETF is right now.
( 71
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When the stock market gets choppy, it's time to look for bargains.
( 70
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Nasdaq 100 futures were 0.1% lower as Alphabet dipped 1.3% in premarket trading. A media report said the U.S. Department of Justice is considering options that include breaking up Google. A rebound in megacap and technology stocks have helped markets recoup most of their losses from a global market rout earlier this month that was partly caused by data showing a surge in U.S. unemployment rate in July.
( 69
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Even if Buffett doesn't invest in these two companies, you might want to consider doing so.
( 70
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One of Bitcoin's most dedicated investors believes the life-changing returns have just begun.
( 71
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(Bloomberg) -- The world’s biggest steel producer sounded the alarm about a crisis in China that carries the potential to send global shock waves, warning of a deeper industry downturn than major traumas in 2008 and 2015.Most Read from BloombergBiden Invests $100 Million to Fuel Housing ConstructionIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestManchester Is Giving London a Run for Its MoneyJohannesburg Mayor Quits Amid Infighting, Financial WoesHow Chicago’s Gigantic Mercha
( 70
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Occidental Petroleum is cashing in on its MLP.
( 71
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Tilray Brands said it expects to grow its annual beer volumes by 15 million cases following the purchase.
( 70
min )
Vice presidential candidates Tim Walz and JD Vance have very different ways of their finances. Advisers weigh in on their different approaches.
( 73
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Investors are completely writing off the chip giant.
( 70
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Nvidia, Broadcom, and Super Micro Computer have all announced 10-for-1 stock splits. However, only one of these market leaders is worthy of investor's money.
( 73
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Nvidia could help pull the stock market out of its recent slump.
( 71
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Investors who avoid the stock market or indiscriminately buy the dip could wind up in trouble.
( 71
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China's Tencent Holdings reported a 8% rise in second-quarter revenue on Wednesday, driven by a recovery in its gaming business after a launch of a new mobile game in May that got off to a strong start. The world's largest video game company and operator of the WeChat messaging platform said revenue reached 161.12 billion yuan ($22.54 billion) in the quarter ended June 30.
( 68
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A modest amount of money can go a long way on Wall Street when it's put to work in unstoppable businesses.
( 72
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Planning ahead for this major expense before claiming Social Security could save you thousands.
( 71
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Its acquisition of Amelia could be a game changer.
( 36
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These stocks are on the expensive side, but if their prices fall, it'll be the opportunity you've been waiting for.
( 71
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(Bloomberg) -- China’s first bank loan contraction in nearly two decades has fanned fears the world’s No. 2 economy is careening toward a “balance sheet recession” as Japan did decades ago.Most Read from BloombergBiden Invests $100 Million to Fuel Housing ConstructionIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceJohannesburg Mayor Quits Amid Infighting, Financial WoesGottheimer Calls for Rail Riders to
( 70
min )
Retail behemoth Walmart (NYSE:WMT) will be reporting earnings tomorrow before market open. Here’s what to look for.
( 69
min )
Maker of machinery employed in semiconductor manufacturing, Applied Materials (NASDAQ:AMAT) will be announcing earnings results tomorrow after market close. Here’s what to look for.
( 69
min )
(Bloomberg) -- Stocks in Asia gained on bets that the upcoming US consumer price report will allow the Federal Reserve to start easing in September. The New Zealand dollar slumped following a surprise rate cut by the country’s central bank.Most Read from BloombergBiden Invests $100 Million to Fuel Housing ConstructionIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestJohannesburg Mayor Quits Amid Infighting, Financial WoesHow Chicago’s Gigantic Merchandise Mart Is Still Thriving
( 71
min )
(Bloomberg) -- Mars Inc. is expected to announce a nearly-$30 billion deal for Kellanova Wednesday, The Wall Street Journal reported, citing people familiar with the matter. Most Read from BloombergBiden Invests $100 Million to Fuel Housing ConstructionIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestJohannesburg Mayor Quits Amid Infighting, Financial WoesHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceGottheimer Calls for Rail Riders to Be Reimbursed
( 69
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Amazon's shares have richly rewarded shareholders. Is the stock still worth buying?
( 70
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Cisco Systems is cutting roughly 7% of its workforce as it pivots to higher-growth areas like cybersecurity and AI, the company said in an SEC filing alongside its fiscal fourth-quarter results.
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Consumers are finding it difficult to keep up with the increasing prices and borrowing costs.
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The S&P 500 advanced 0.4% on Wednesday, Aug. 14, 2024, as the latest CPI data showed inflation ticked lower during July.
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Shares of Charles Schwab moved higher after the financial services firm reported strong customer and asset growth in July.
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Serve Robotics, the Nvidia-backed company behind delivery robots on the streets of Los Angeles and San Francisco, announced a deal Wednesday to deliver Shake Shack to Uber Eats customers in Los Angeles.
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Intel sold its stake in Arm during the second quarter as the chipmaker works to cut costs, a filing showed.
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Goldman Sachs, a traditional Wall Street firm considered a bitcoin skeptic, has disclosed a surprising investment in a recent regulatory filing—shares of spot bitcoin exchange-traded funds (ETFs).
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Mortgage demand reached its highest level since January 2023 as homeowners continued to take advantage of a decline in mortgage rates to refinance their home loans.
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Inflation may be falling, but one of the most important costs to household budgets, and the economy, unexpectedly jumped in July.
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Allstate sold its Employer Voluntary Benefits business to StanCorp Financial Group for $2 billion on Wednesday, helping send its shares to an all-time high.
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Analysts say Chipotle stock's slip Tuesday on news that its CEO is leaving for Starbucks could provide an "attractive buying opportunity." Here's why.
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Discount airline Wizz Air is offering an unlimited flight subscription plan for 499 euros ($550) a year.
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After Alphabet's Google unveiled its Pixel 9 lineup and showcased how it's integrating artificial intelligence into its devices with Gemini, Jefferies analysts called the stock a "top pick" for consumer AI.
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Performance Food Group Co. shares surged in intraday trading Wednesday after announcing a $2.1 billion cash acquisition of foodservice distributor Cheney Bros. and posting fourth-quarter adjusted EPS that topped expectations.
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Candy giant Mars’ $35.9 billion offer for Pop-Tarts and Pringles maker Kellanova would be one of the world's biggest deals in the food and beverage space if it goes ahead.
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Victoria's Secret shares jumped in intraday trading Wednesday after the company named a new CEO and posted preliminary second-quarter adjusted EPS that topped prior guidance.
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Dole beat second-quarter profit estimates despite a decline in sales as demand dropped in some key markets.
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U.S. equities were higher at midday as the latest report on consumer inflation came in as anticipated.
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Shares of the companies that dominate the center aisles of America’s grocery stores got a boost from news of Mars Inc.’s $36 billion deal for snack-maker Kellanova.
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Cardinal Health exceeded fourth-quarter earnings and revenue estimates on strong sales of pharmaceuticals.
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Brinker International shares sank in intraday trading Wednesday after rising costs took a bite out of the the restaurant chain operator's profit and earnings outlook.
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The Department of Justice is reportedly considering breaking up Google to remedy its illegal monopoly of the search market, but analysts say the final outcome could be years away, with a forced split unlikely.
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Shares of Hawaiian Holdings rose Wednesday after the Hawaiian Airlines parent agreed to extend the DOJ's review period of its proposed acquisition by Alaska Air Group.
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Elliott Investment Management is preparing to launch a proxy fight for Southwest Airlines, saying it intends to nominate 10 directors to the airline's 15-person board.
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Prices rose in July at a rate that looked a lot more like the modest inflation of the pre-pandemic era, and less like the price hikes consumers have experienced in the past few years.
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Shares of FanDuel parent Flutter Entertainment jumped Wednesday, a day after it reported better-than-expected second-quarter earnings and lifted its full-year revenue outlook.
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Candy giant Mars has agreed to acquire Pop-Tarts and Pringles maker Kellanova for a total enterprise value of $35.9 billion in what would be the biggest M&A transaction this year.
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Shares of UBS rose Wednesday as the Swiss banking giant's second-quarter earnings beat estimates thanks to growth in its wealth management divisions and savings created as it merges operations with Credit Suisse.
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Starbucks shares remain in focus Wednesday after surging 25% yesterday on news the coffee chain had appointed Chipotle CEO Brian Niccol as its new chief executive. Monitor these important chart levels.
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News of the day for August 14, 2024
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Elon Musk maakt er geen geheim van dat hij bij de Amerikaanse presidentsverkiezingen op Donald Trump stemt. De twee voerden deze week zelfs een openbaar gesprek op X, het platform van Musk. Eerder scholden ze elkaar uit, nu hebben ze elkaar gevonden.
( 1
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Elon Musk maakt er geen geheim van dat hij bij de Amerikaanse presidentsverkiezingen op Donald Trump stemt. De twee voerden deze week zelfs een openbaar gesprek op X, het platform van Musk. Eerder scholden ze elkaar uit, nu hebben ze elkaar gevonden.
( 1
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De Hongaarse luchtvaartmaatschappij Wizz Air gaat reizigers een abonnement aanbieden waarmee ze onbeperkt kunnen vliegen. Voor 499 euro kun je een jaar lang vliegen met de maatschappij. Toch blijkt dat niet altijd voordelig.
( 1
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Consumenten zijn terughoudend in hun uitgaven en ook het vertrouwen in de economie is vrij laag. En dat is opmerkelijk, aangezien de lonen in het afgelopen anderhalf jaar flink zijn gestegen en de inflatie daalt.
( 1
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Het Duitse reisconcern TUI heeft afgelopen kwartaal flink geprofiteerd van de sterke vraag naar vakanties, citytrips en cruises voor de zomermaanden. Vooral reizen naar Spanje, Griekenland en Turkije zijn populair deze zomer.
( 1
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Het Duitse reisconcern TUI heeft afgelopen kwartaal flink geprofiteerd van de sterke vraag naar vakanties, citytrips en cruises voor de zomermaanden. Vooral reizen naar Spanje, Griekenland en Turkije zijn populair deze zomer.
( 1
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De Amerikaanse zoetwarengigant Mars neemt Pringles-maker Kellanova over voor een bedrag van zo'n 36 miljard dollar (ruim 32 miljard euro). Dat hebben beide concerns woensdag bekendgemaakt.
( 1
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De Amerikaanse zoetwarengigant Mars heeft een bedrag van 29 miljard dollar (ruim 26 miljard euro) neergelegd om Pringles-maker Kellanova over te nemen. Het gaat om een van de grootste overnames dit jaar, zeggen bronnen woensdag tegen de Britse zakenkrant Financial Times.
( 1
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De Nederlandse economie kruipt weer langzaam uit het dal. In het tweede kwartaal van dit jaar is sprake van een groei van 1 procent ten opzichte van de drie maanden daarvoor. En daarmee is een recessie van de baan.
( 1
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Ingenieurs uit de Verenigde Staten en het Verenigd Koninkrijk zijn het eens over de kwalificaties en vergunningen waar hun vakgroep over moet beschikken om aan beide zijden van de Atlantische Oceaan te mogen werken.
( 1
min )
Duitsland heeft een eerste internationaal aanhoudingsbevel uitgevaardigd voor de aanslag op de Nord Stream-gaspijpleidingen, melden verschillende Duitse media, waaronder Die Zeit. Het gaat om een Oekraïner die in Polen woont. Ook twee andere Oekraïners gelden als verdachten.
( 1
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Werknemers van de grootste kopermijn ter wereld hebben het werk neergelegd. De Chileense mijn Escondida is goed voor ruim 5 procent van de wereldproductie en de vrees bestaat dat de koperprijs verder stijgt als de stakingen niet snel voorbij zijn.
( 1
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De flexibilisering van de arbeidsmarkt stagneert door de krapte op de arbeidsmarkt, terwijl het vaste contract steeds populairder wordt. Bedrijven doen er alles aan om mensen te behouden of aan te trekken. Dat geeft werknemers meer macht.
( 1
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Apple (AAPL) recently posted its Fiscal Q3 earnings, revealing a series of bullish indicators alongside a notable concern. In this article, we will explore five key bullish signs emerging from Apple’s latest results that highlight its growth potential and overall financial strength. At the same time, I will address one red flag that could negatively influence the stock’s investment case. For this particular reason, I remain neutral on AAPL stock despite its otherwise attractive characteristics.
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(Bloomberg) -- Investors will scrutinize any comments from Tencent Holdings Ltd. about its buyback plans during Wednesday’s quarterly results announcement as its competitors catch up with its spending levels.Most Read from BloombergBiden Invests $100 Million to Fuel Housing ConstructionIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceGottheimer Calls for Rail Riders to Be Reimbursed for DelaysJohannesburg
( 70
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Intel has sold its 1.18 million shares in British chip designer Arm Holdings, a regulatory filing showed on Tuesday.
( 68
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(Bloomberg) -- Intel Corp., which is slashing jobs and expenses in a bid to turn around the business, sold its holdings in chip technology creator Arm Holdings Plc during the second quarter. Most Read from BloombergBiden Invests $100 Million to Fuel Housing ConstructionIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceGottheimer Calls for Rail Riders to Be Reimbursed for DelaysJohannesburg Mayor Quits Amid
( 69
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Nvidia shares gained over 6% Tuesday as Goldman Sachs called it the "most important stock" of the year and suggested the chipmaker's earnings later in the month could herald a rally for the stock market.
( 69
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General Motors has been sued by Texas Attorney General Ken Paxton, who accused the automaker of selling drivers' private data to several companies, including insurers, without their consent. Paxton said on Tuesday that the lawsuit followed his June announcement of a probe into several automakers, regarding allegations that they improperly collected mass amounts of driver data and sold it to third parties.
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(Bloomberg) -- Flutter Entertainment Plc, operator of the FanDuel online sportsbook, reported second-quarter sales and profit that beat analysts’ expectations.Most Read from BloombergBiden Invests $100 Million to Fuel Housing ConstructionHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceGottheimer Calls for Rail Riders to Be Reimbursed for DelaysJohannesburg Mayor Quits Amid Infighting, Financial WoesLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesThe compa
( 69
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The fastest way to earn $1,000 in monthly dividends would be to invest heavily in high-yield stocks. But high-yield dividend investing isn't simple. There are tons of yield traps out there. You'll find many companies with over 10% yields, but these ...
( 71
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A federal judge in Texas assigned to hear a lawsuit by Elon Musk's social media platform X against a group of advertisers has removed himself from the case following reports that he owned shares of another Musk company, Tesla. U.S. District Judge Reed O'Connor in Fort Worth, Texas did not give a reason in his one-paragraph recusal filing on Tuesday. The lawsuit, filed by X last week, accused the World Federation of Advertisers and others of conspiring to boycott the platform, causing it to lose revenue.
( 69
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The Federal Reserve is expected to start cutting interest rates in September. This could increase investors’ focus on growth stocks. Companies in the growth phase invest significantly in their businesses. Consequently, they tend to benefit from lower borrowing costs when interest rates reduce. With this backdrop in mind, we used TipRanks’ Stock Comparison Tool to place Meta Platforms (META), Netflix (NFLX), and Amazon (AMZN) against each other to find the best growth stock, according to Wall Str
( 71
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Kroger’s electronic shelving labels allow it to price staple foods like airline tickets, the senator charged in a letter to its CEO.
( 70
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A Jewish former employee of Intel sued the chipmaker on Tuesday, saying he was fired after complaining that the senior executive he reported to openly celebrated antisemitism, Hamas and terrorism against Israel. The plaintiff, a former vice president of engineering using the pseudonym John Doe, said Intel fired him on April 2 in a purported cost-cutting move barely two months after assigning him to report to Alaa Badr, vice president of customer success. Intel declined to comment on the lawsuit filed in Manhattan federal court, saying it does not discuss pending litigation.
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(Bloomberg) -- Donald Trump’s appearance on X Monday was the latest headwind for his own, competing social-media platform, adding to a swoon that’s wiped out $3 billion in market value in the last month.Most Read from BloombergBiden Invests $100 Million to Fuel Housing ConstructionHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceGottheimer Calls for Rail Riders to Be Reimbursed for DelaysJohannesburg Mayor Quits Amid Infighting, Financial WoesLos Angeles Sees Remote Work
( 70
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Reported delays of Nvidia's next-generation artificial intelligence (AI) may not be as bad as originally feared.
( 69
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The AI-capable PC market is gaining significant momentum, with leading companies like Apple Inc (NASDAQ:AAPL), Intel Corp (NASDAQ:INTC), Advanced Micro Devices, Inc (NASDAQ:AMD), and Qualcomm Inc (NASDAQ:QCOM) leading this technological shift. According to Canalys data, 8.8 million AI-capable PCs were shipped in the second quarter of 2024, representing 14% of all PCs shipped during the quarter. Apple continues to dominate the AI-capable PC market with its entire Mac lineup, which features M-seri
( 70
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In line with Elon Musk’s increasing rhetoric on X of going back to the good old days, Tesla looks like it’s finally getting ready to open its 1950s-style diner. Tesla is seeking a Tesla Diner Experience Specialist in Los Angeles to work with the charging operations team to ensure “exceptional customer experience at the Tesla Diner,” according to a job posting on LinkedIn, first spotted by the blog Drive Tesla Canada. The job post comes three years after Tesla filed three trademarks for its brand under restaurant services, and seven years after Musk began publicly discussing the idea of a Tesla charging station-meets-diner.
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In a recent video, financial expert Dave Ramsey shared some key insights from his 2024 study on how people achieve millionaire status. According to Ramsey, two main factors are significant in reaching a net worth between $1 million and $5 million: consistently investing in retirement accounts and owning a paid-for house. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Can you guess how many retire with a $5,000,000 nest egg? – How does it co
( 71
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It has been a tough time recently for dividend-paying retail pharmacy stocks. CVS Health (NYSE:CVS) reported earnings on Aug. seven and cut its profit guidance. Second-quarter sales of $91.23 billion missed expectations, and adjusted EPS of $1.83 ...
( 71
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"We will perform any necessary rework on airplanes in our production system to ensure they meet all requirements prior to delivery,” a Boeing representative said.
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Vice President Kamala Harris’s selection of Minnesota Gov. Tim Walz as her running mate has created an unexpected challenge for Wall Street’s political donors.Major financial institutions are now grappling with stringent regulations that could limit their employees’ ability to contribute to the Harris-Walz campaign. Don't Miss: Don’t miss the real AI boom – here’s how to use just $10 to invest in high growth private tech companies. This startup is on the brink of a huge disruption to the $654 bi
( 71
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Chipotle shares have now dropped more than 25% since the record high set in mid-June.
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The boss of Starbucks has been ousted less than two years into the role amid falling sales and customer boycotts over Israel.
( 69
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Exciting shifts are happening among AI companies. See why a couple of top-notch AI stocks are must-buy investment opportunities right now.
( 65
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These stocks are down more than 30% from recent highs, but better days could be ahead.
( 71
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High-yielding dividend stocks can be an incredible boost to an investor's portfolio, but some are also subject to a fair amount of volatility. Blackstone Mortgage Trust (NYSE:BMXT) reported earnings last month and announced that it cut its dividend by ...
( 71
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These companies are on promising growth paths that are too good to ignore.
( 71
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(Bloomberg) -- Starbucks Corp. has named Chipotle Mexican Grill Inc. Chief Executive Officer Brian Niccol as the coffee chain’s new CEO and chairman, replacing Laxman Narasimhan after just over a year in the role. Most Read from BloombergHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureBiden Invests $100 Million to Fuel Housing ConstructionGottheimer Calls for Rail Riders to Be Reimbursed for DelaysLos Angel
( 69
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Although U.S. stocks closed higher on Friday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an ...
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The market might be down, but these stocks are up.
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U.S. producer prices increased less than expected in July as a rise in the cost of goods was tempered by cheaper services, indicating that inflation continued to moderate. The producer price index for final demand gained 0.1% last month after rising by an unrevised 0.2% in June, the Labor Department's Bureau of Labor Statistics said on Tuesday. Economists polled by Reuters had forecast the PPI gaining 0.2%.
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Wholesale price increases in the United States eased in July, suggesting that inflation pressures are further cooling as the Federal Reserve moves closer to cutting interest rates, likely beginning next month. The Labor Department reported Tuesday that its producer price index — which tracks inflation before it reaches consumers — rose 0.1% from June to July and 2.2% from a year earlier. Excluding food and energy prices, which tend to fluctuate from month to month, so-called core wholesale prices were unchanged from June and up 2.4% from July 2023.
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The sky isn't falling for this tech giant.
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Starbucks announced on Tuesday that Brian Niccol has been appointed chairman and chief executive officer.
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“JPMorgan Chase is the industry leader when it comes to usurious overdraft fees,” Sens. Elizabeth Warren, D-MA, and Chris Van Hollen, D-MD, wrote in a letter sent Friday.
( 70
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Home Depot Inc (NYSE:HD) stock is trading lower after the home improvement retailer missed second-quarter 2024 revenue expectations. HD reported second-quarter 2024 sales growth of 0.6% year-over-year to $43.175 billion, marginally missing the consensus estimate of $43.376 billion. The company stated that the total sales include $1.3 billion from the recent acquisition of SRS Distribution Inc. (SRS), reflecting roughly six weeks of sales within the quarter. Customer transactions for the quarter
( 70
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Bank of America CEO Brian Moynihan expressed concerns about the potential impact of the U.S. Federal Reserve’s interest rate policy on consumer sentiment and former president Donald Trump‘s idea of presidential control over the Fed’s rate decisions. What Happened: Moynihan warned that if the Federal Reserve does not initiate interest rate cuts in the near future, it could lead to a decline in consumer confidence, in an interview with CBS on Sunday. Don't Miss: Can you guess which type of investm
( 71
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Find the latest Occidental Petroleum Corporatio (OXY) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
min )
Find the latest GSK plc (GSK) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
min )
Find the latest Occidental Petroleum Corporatio (OXY) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
min )
One of these stocks is not like the others.
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Southeast Asian technology firm Sea Ltd beat estimates for second-quarter revenue on Tuesday, driven by strong growth in its e-commerce and financial services businesses. The company also said CFO Tony Hou had stepped down from its board of directors. Revenue rose 23% to $3.81 billion, compared with analysts' consensus estimate of $3.71 billion, according to LSEG.
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Home Depot's second quarter sales rose slightly as the nation's biggest home improvement retailer booked gains from a recent acquisition, but customers reined in spending because of broadly higher costs and elevated interest rates. In the first quarter, Home Depot ’s sales dipped 2.3% to $36.42 billion as the Atlanta company dealt with high mortgage rates, inflation and a delayed start to spring. Home Depot expects 2024 earnings per share to fall between 2% and 4%.
( 70
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Much like Wall Street's rapid healing on Friday, Japanese stocks completed their week-long, hair-raising round trip on Tuesday as Tokyo markets returned from holiday, wiped out the remainder of last week's losses and nudged the yen lower. Japan's parliament plans a special session on Aug. 23 to discuss the Bank of Japan's decision last month to raise interest rates for the second time and signal more to come. But the renewed calm on world markets was evident in Monday's modest moves in U.S. trading too.
( 70
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In an epic data breach, hackers claim to have taken 2.9 billion personal records from National Public Data. Most of the data are leaked online.
( 68
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I’m 63 and have been on Social Security disability since 2008. My wife, also 63, stays home to care for me. We're in poor health and were denied or quoted high rates for long-term care insurance in our mid-50s, with recent quotes as high as $1,850 a month for me and $2,750 for her. We […] The post Ask an Advisor: We Have $3.7 Million in Assets. Do We ‘Bite the Bullet' and Buy Long-Term Care Insurance? appeared first on SmartReads by SmartAsset.
( 75
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Recent market headwinds are giving Nvidia investors a chance to turn back the clock and buy the shares at an attractive price.
( 70
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Boost your passive income stream with these oil, gas, and renewable energy stocks.
( 73
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Big tech stocks have had a rough recent period, but this company is built to withstand any issue that comes its way.
( 71
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A high concentration of growth stocks could be the key to long-term outperformance for this Vanguard ETF.
( 70
min )
Does the AI server maker's recent pullback represent a buying opportunity?
( 71
min )
Wall Street is overwhelmingly bullish on Nvidia despite its tremendous outperformance of late.
( 71
min )
As Sir Keir Starmer seeks to deliver economic growth, the worklessness crisis he inherited from Rishi Sunak is getting markedly worse.
( 66
min )
This under-the-radar monthly dividend payer makes for a phenomenal buy during short-lived periods of panic.
( 72
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Citius Oncology’s asset LYMPHIR has gained FDA approval for CTCL treatment in adults.
( 69
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The next market sell-off is just a question of when.
( 71
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Warren Buffett's investment conglomerate, Berkshire Hathaway, could be the first non-technology company in America to join the $1 trillion club.
( 73
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Investors' increased their allocations to cash and reduced their an overweight position in stocks in August, as expectations for global growth dropped to its lowest in 8 months, a BofA survey of fund mangers published on Tuesday showed. According to the survey, 31% of respondents said they were overweight stocks in August, down from 51% in July, while their average cash level was 4.3% of their assets under management, up from 4.1% a month before. BofA attributed the shift to weak U.S. payrolls data for July, and the volatility shock associated with the rebound in the yen.
( 69
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(Bloomberg) -- Shares of Covid test kit and drug makers are in the spotlight in Asia, posting strong gains in recent days following a surge of cases. Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceGottheimer Calls for Rail Riders to Be Reimbursed for DelaysLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Transit System Faces a High-Profile
( 69
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Shares of many highly-valued, high-multiple Tech stocks have fallen sharply during the recent market sell-off. While a reset was perhaps needed, as many of these stocks had reached unsustainable valuations, some great stocks were also thrown out with the bathwater, including semiconductor manufacturing equipment maker Lam Research (LRCX), as you can see below. I’m bullish on this high-quality company based on its crucial role in the semiconductor supply chain, the wide moat of its high-tech busi
( 71
min )
According to Dave Lavalle, Grayscale Investments' global head of ETFs, the cryptocurrency exchange-traded fund (ETF) market is set to expand.
( 69
min )
(Bloomberg) -- Asian stocks rose, recouping their losses from last week’s rout, bolstered by an advance in Japanese shares. Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesGottheimer Calls for Rail Riders to Be Reimbursed for DelaysIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestJapan’s equities gaine
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Wall Street's most closely watched gauge of investor anxiety, the Cboe Volatility Index, has rapidly eased after closing at a four-year high last week and stocks came screaming back following the year's worst tumble. The S&P 500 is up 3% from last week's lows, while the VIX hovers around 20, far below the Aug. 5 close of 38.57. Even so, turbulent episodes in which the VIX shot higher show markets tend to stay frothy for months after a blowup, arguing against the kind of risk-taking that lifted asset prices in the first part of the year.
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An unexpected diabetes partnership with Medtronic bodes well for Abbott's biggest growth driver.
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The coffee chain still has a lot of growth potential.
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Are the company's problems fixable?
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These two fast-growing tech giants may be able to overtake the world's second-largest company in the long run thanks to their lucrative end markets.
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Economists expect that data to be released Thursday will show retail sales moved higher again in July. However, the post-pandemic spending spree may be close to an end.
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Grayscale's latest fund offering exposure to MakerDAO's MKR token is different from its spot bitcoin and ether exchange-traded funds. Here's what you need to know.
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Shares of Singapore tech conglomerate Sea Limited, parent of online shopping website Shopee, jumped Tuesday after the company posted double-digit revenue growth in all its business segments.
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Shelter costs were once a main driver of inflation, but that may finally be changing. Wednesday's CPI report for July will offer fresh clues.
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Sports fans love a playoff run—and so do the cash registers at those playoff games.
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The S&P 500 added 1.7% on Tuesday, Aug. 13, as data showing softer-than-expected gains in wholesale prices reinforced rate-cut expectations.
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Nvidia shares gained over 6% Tuesday as Goldman Sachs called it the "most important stock" of the year and suggested the chipmaker's earnings later in the month could herald a rally for the stock market.
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Starbucks tapped Chipotle CEO Brian Niccol to lead the company as the world's largest coffeehouse chain seeks to regain its footing amid slumping global sales and fend off attacks from disgruntled investors.
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Here's what one analyst says about how a shakeup at the executive level could impact the stocks of the two prominent chains.
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On Tuesday, Atlanta Federal Reserve Bank President Raphael Bostic said he still needs more evidence that inflation is moving toward the central bank's goals.
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The Federal Trade Commission wants tough sanctions put on Alphabet's Google after a jury ruled Google violated antitrust laws in its Google Play Store.
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Alphabet's Google unveiled its Pixel 9 lineup, showcased artificial intelligence features, and more at its Made By Google launch event Tuesday.
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Since going public in 1992, Starbucks has had five CEOs, with founder Howard Schultz taking the reins three times. Here's how its stock fared under each of them.
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Nike is among the best performers in the S&P 500 Tuesday after an analyst at Bernstein Research reportedly reiterated a "buy" rating and $112 price target on the stock.
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U.S. equities were higher in intraday trading Tuesday following a better-than-expected report on producer prices in July.
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DoorDash has partnered with struggling entertainment conglomerate Warner Bros. Discovery to make the Max streaming service free to its premium DashPass customers.
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Huawei is reportedly making an artificial intelligence chip to challenge Nvidia's share of the China market amid tightening export controls on U.S. semiconductor technology.
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Owners of small businesses got more hopeful about the future of the economy in July, but the surge of sunny feelings could be quickly swept away by the shifting winds of national politics.
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HelloFresh beat second-quarter profit forecasts as sales of the company's ready-to-eat (RTE) meals soared.
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General Motors reportedly cut jobs in China as GM's operations in the region struggle to regain profitability amid rising competition.
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Tuesday's report could bolster Federal Reserve officials' confidence that inflation is moving toward the central bank's annual 2% goal.
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Baxter International is selling its kidney treatment division to Carlyle Group for $3.8 billion, the companies said Tuesday.
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Tencent Music Entertainment Group posted a big decline in second-quarter social entertainment services revenue, and its American depositary receipts (ADRs) plummeted Tuesday.
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Walz does not own stocks or real estate—instead, his investments consist of state and teacher pension plans
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On Holding's revenue reached a record on strong demand in the Asia-Pacific market and as the company kept prices high.
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Shares of Chipotle Mexican Grill fell Tuesday on the news that the burrito giant would be replacing a heaping helping of the leadership that has helped its stock to guac-defying levels.
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Starbucks stock surged higher Tuesday on news that it hired Chipotle CEO Brian Niccol to take over the top job at the coffee giant, while shares of the fast-casual Mexican chain dropped.
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Global oil demand growth is set to slow to just under 1 million barrels a day this year and next, according to the International Energy Agency (IEA), which attributed the view to China's weak economy.
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Home Depot shares fell Tuesday after the retailer's second-quarter earnings beat was offset by a lowered fiscal 2024 comparable sales outlook.
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News of the day for August 13, 2024
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Alphabet Shares Have Fallen 15% From Their July 10 Record Close
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Shares Surged More Than 9% on Monday
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De Pixel 9 Pro Fold is de tweede vouwtelefoon van Google en de eerste die in Nederland verschijnt. De telefoon vouwt open als een boek, zodat aan de binnenkant een groter scherm tevoorschijn komt.
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Het Amerikaanse entertainmentbedrijf Paramount Global is dinsdag aan een eerste ontslagronde begonnen. Het moederbedrijf van onder andere CBS, Nickelodeon en MTV neemt afscheid van in totaal zo'n tweeduizend Amerikaanse werknemers.
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Het Amerikaanse entertainmentbedrijf Paramount Global is dinsdag aan een eerste ontslagronde begonnen. Het moederbedrijf van onder andere CBS, Nickelodeon en MTV neemt afscheid van in totaal zo'n tweeduizend Amerikaanse werknemers.
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Duizenden hotelreserveringen zijn geannuleerd sinds vorige week is gewaarschuwd voor een mogelijke zware aardbeving in Japan. Dat is een flinke tegenslag voor de Japanse hoteliers, aangezien dit voor hen normaal gesproken de drukste periode van het jaar is.
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De Bank of England heeft bankbiljetten met een portret van koning Charles geveild. De nieuwe briefjes gingen voor 914.127 pond (bijna 1,1 miljoen euro) de deur uit, meldt de Britse nationale bank. De opbrengst gaat naar goede doelen.
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De politieacties in de Eredivisie van zaterdag hebben in ieder geval geen gevolgen voor de wedstrijd tussen FC Twente en Sparta, meldt Tubantia.
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Politieagenten gaan komend weekend tijdens voetbalwedstrijden in de Eredivisie actie voeren, omdat een regeling om eerder te kunnen stoppen met werken uitblijft.
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De inname van kleine plastic flesjes met statiegeld blijft flink achter. Van alle plastic flessen die op de markt komen, is 69 procent ingezameld via de automaten. Net een kwart daarvan zijn kleine flesjes.
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De Nederlandse Arbeidsinspectie is begonnen met een onderzoek naar Skytanking, de bagageafhandelaar voor Ryanair op Eindhoven Airport. Het bedrijf kreeg in juni al een officiële waarschuwing vanwege de arbeidsomstandigheden.
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Voor de coronapandemie was het gele boekje, waar je je vaccinaties in kunt laten zetten, een beetje in de vergetelheid geraakt. Tijdens de pandemie werd het juist een instant verkoophit. Een deel van dat succes is drie jaar later nog merkbaar.
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Palo Alto Networks is set to report fiscal fourth-quarter results on Monday, Aug. 19, with investors likely watching for its year-ahead outlook as a measure of cybersecurity sector health.
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The Fed Will be Watching for Signs That Inflation is Moderating as it Weights Rate Cuts
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Episode 200 of the Investopedia Express podcast with Caleb Silver (August 12, 2024)
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Analyst optimism lifted Eli Lilly shares in early trading, but the stock finished lower following news of a debt sale to fund an acquisition,
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Meta Platforms and Universal Music Group announced a multi-year deal designed to create business opportunities for artists and songwriters on Facebook, Instagram, WhatsApp and other Meta platforms.
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The S&P 500 was flat on Monday, Aug. 12, 2024, ahead of key data points this week that could offer insight into the uncertain economic environment.
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Supermicro shares rebounded as a report highlighted the potential of the company's liquid cooling technology for AI data centers.
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Google will hold its annual Made By Google launch event Tuesday, where it will unveil the next generation of Pixel smartphones supercharged with its Gemini AI model.
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These semiconductor stocks could be positioned for a rebound in the fourth quarter as seasonal headwinds ease, according to Bank of America analysts.
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JetBlue shares tumbled Monday after the company announced plans to raise over $3 billion in debt and received credit downgrades from major credit rating agencies.
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Volkswagen Group reportedly will significantly delay the launch of several electric vehicle models.
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U.S. markets were relatively calm Monday as Wall Street entered the home stretch of second-quarter earnings season after a volatile week of trading fueled by recession fears.
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Nvidia shares surged Monday as analysts called it a "top pick" and suggested a reported delay in its Blackwell AI chip could have little impact.
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Albemarle was the biggest loser on the S&P 500 as tumbling lithium prices continue to weigh on the company's business.
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U.S. equities were mixed at midday ahead of a number of key economic reports, including consumer and wholesale inflation.
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A report that hedge fund Starboard Value has taken a stake in Starbucks sent shares of the world's biggest coffee chain higher Monday.
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Shares of monday.com popped after the workplace software company topped analysts’ expectations with its second-quarter results and raised its full-year guidance.
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Cleveland-based KeyCorp shares rose over 15% Monday morning announcing $2.8 billion investment from the Bank of Nova Scotia, giving Scotiabank a 14.9% stake
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Chinese autonomous vehicle manufacturer WeRide has filed for an initial public offering in the U.S.
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Barrick Gold, a Canadian gold producer, reported second-quarter adjusted earnings above estimates as gold prices rose.
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Wedbush analysts increased their estimates for iPhone 16 shipments, citing opportunity in Asia and a large number of users likely ready to upgrade.
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Marathon is raising money to purchase more bitcoin in a move that appears to be following the MicroStrategy playbook.
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Hawaiian Electric Industries said it might not be able to continue as a going concern because of payments needed to cover a legal settlement from the 2023 Maui wildfires.
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The White House on Monday launched a new multi-agency initiative to crack down on chatbots, "doom loops," and other corporate hurdles that have increased customer red tape.
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The Walt Disney Co., which recently warned of slowing demand at its Experiences segment, is spending billions of dollars to expand its theme park attractions and its cruise ship fleet.
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News of the day for August 12, 2024
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Shares Jumped More Than 10% on Friday
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Fund Significantly Boosted its Nvidia Stake While Slicing Its Apple Stake in June
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Shanahan will get a cash payment of $2.3 million, converted Spirit restricted stock units worth $26.1 million and perquisites and benefits worth $45,000 as part of a package known as a "golden parachute". Such payments are commonplace in corporate America and are intended to incentivize management to sell a company, even if it means ending their own employment. Boeing agreed in July to buy back Spirit AeroSystems for $4.7 billion in stock and Airbus moved to take on the supplier's loss-making Europe-focused activities.
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This company is bringing affordable artificial intelligence cloud infrastructure to small and mid-sized businesses.
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Analyst optimism lifted Eli Lilly shares in early trading, but the stock finished lower following news of a debt sale to fund an acquisition,
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Elon Musk is suing former X advertisers because they won't spend money on his platform. Can he be serious?
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Is Nvidia stock still a great buy? Recent coverage from one Wall Street analyst suggests the AI stock will keep soaring.
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Supermicro shares rebounded as a report highlighted the potential of the company's liquid cooling technology for AI data centers.
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Turning a lump sum of cash into a steady income stream can offer financial stability and peace of mind, especially during retirement. Many people consider annuities for this purpose, as they provide a predictable monthly income, reducing the worry of outliving their savings. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? Will the surge continue o
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The upcoming earnings report from NVIDIA Corp. (NASDAQ:NVDA) could be a pivotal moment for the company, according to a prominent analyst. What Happened: Dan Ives, an analyst at Wedbush Securities, predicts that the earnings report, scheduled for Aug. 28, will be a significant event for the tech industry. Don't Miss: Don’t miss the real AI boom – here’s how to use just $10 to invest in high growth private tech companies. This startup’s stem cell research aims to reduce reliance on animal testing
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These semiconductor stocks could be positioned for a rebound in the fourth quarter as seasonal headwinds ease, according to Bank of America analysts.
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New research from the San Francisco Federal Reserve found that middle- and lower-income U.S. households are running low on disposable cash as the economy shows signs of slowing.
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Even if Intel survives, it will take a long time to turn around.
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Volkswagen Group reportedly will significantly delay the launch of several electric vehicle models.
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“My plan is to reinvest everything, but not make any additional contributions.”
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After last week's post-earnings sell-off, news around liquid cooling demand is helping the stock to bounce back strongly today.
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Americans who locked in jobs, homes, and stocks a few years ago have seen their wealth balloon. Everyone else missed out.
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Donald Trump's social media company Truth Social is part of Trump Media. The company reported millions in loss and less than a million in revenue.
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The rouble weakened to its lowest level since late May after Kyiv launched its biggest incursion into Russian territory since the start of the war in 2022.
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These are the upcoming stock splits for the week of August 12 to August 16, based on TipRanks’ Stock Splits Calendar. A stock split is a corporate action in which the company issues additional common shares to increase the number of outstanding shares. Accordingly, the stock price of the company’s shares decreases, which maintains the market capitalization before and after the split. In contrast, there are also reverse stock splits that reduce the number of outstanding shares (consolidate). In t
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U.S. electric utilities sounded bullish on demand from data centers powering the artificial intelligence boom after striking several supply deals during the second quarter, reinforcing market expectations of sales growth through the year. Top utilities, including American Electric Power and NextEra Energy, signed contracts in the recently concluded quarter while others highlighted interest from technology companies. "We started to get some clarity about data center opportunities and the numbers are staggering," said Timothy Winter, portfolio manager at Gabelli Funds.
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The widely followed growth investor was a buyer at the end of a very volatile trading week.
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(Bloomberg) -- Hawaiian Electric Industries Inc. plunged the most in almost a year after issuing a going-concern warning. Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestNYC Subway Riders See ‘Exceptionally High’ Air PollutionThe utility continues to fac
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The company suspended its dividend and is reportedly the subject of a federal probe.
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These dividend yields might not stay this high for long.
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Robert Kiyosaki, the author of Rich Dad Poor Dad, has never been one to shy away from bold statements, and his recent interview with Fox Business was no exception. With the 2024 election season heating up, Kiyosaki jumped into the conversation with fiery rhetoric, offering his take on former President Donald Trump and the current administration. Don't Miss: Amid the ongoing EV revolution, previously overlooked low-income communities now harbor a huge investment opportunity at just $500. Don’t mi
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Why the stock plunged following its earnings report.
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Could this growing data mining company become the next tech titan?
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Transferring funds from a pre-tax retirement account such as an IRA to an after-tax Roth IRA is a move many retirement savers might want to consider. A Roth conversion, as the move is called, has many benefits. It can help you avoid required minimum distributions, or RMDs, in retirement, as well as taxes on your […] The post Is It Wise to Convert 20% of My IRA to a Roth Each Year to Avoid Taxes and RMDs? appeared first on SmartReads by SmartAsset.
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Although the market didn't like Dutch Bros' second-quarter earnings, four critical reasons for optimism make the company a compelling long-term buy.
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Qualcomm downgraded, Eli Lilly upgraded: Wall Street's top analyst calls
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(Bloomberg) -- LL Flooring Holdings Inc., formerly called Lumber Liquidators, has filed Chapter 11 to close several stores while attempting to sell its remaining locations.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestNYC Subway Riders See ‘Exceptional
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There isn't much to suggest these businesses are actually vulnerable.
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(Bloomberg) -- Bitcoin miner Marathon Digital Holdings Inc. said it will sell $250 million of convertible senior notes and use the proceeds to buy more of the cryptocurrency. Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestNYC Subway Riders See ‘Exceptio
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Taiwan Semiconductor and Alphabet are both integral pieces of AI.
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This company may be the technology sector's best-kept secret hiding in plain sight.
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(Bloomberg) -- B. Riley Financial Inc. faces a widening US investigation into whether it gave investors an accurate picture of its financial health amid a string of losses and a sagging stock price.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestNYC Subw
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(Bloomberg) -- B. Riley Financial Inc. suspended its dividend and warned of losses as the boutique investment bank wrote down a portion of its stake in Franchise Group Inc., a troubled US retail business. Its shares plunged in early trading.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Trans
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The era of post-pandemic revenge spending is over, and that could spell the end of greedflation-driven corporate profits.
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News of the day for August 12, 2024
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Find the latest Marathon Oil Corporation (MRO) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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Find the latest Automatic Data Processing, Inc. (ADP) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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min )
Investors may be in for a significant surprise if Wednesday's Consumer Price Index (CPI) report comes in higher than anticipated, warns Gavekal Research.
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For many retirees, prudent withdrawals from a wisely invested portfolio combined with Social Security benefits can provide a consistent income to support their spending needs. But what if you had $850,000 in an IRA and $2,800 in monthly Social Security benefits: would that be enough to retire at 65? To answer this question, you’d have […] The post I Have $850,000 in an IRA and Would Receive $2,800 Monthly from Social Security. Can I Retire at 65? appeared first on SmartReads by SmartAsset.
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Retirees with significant assets often have to plan around required minimum distributions (RMDs). If you already have sufficient income and don't need the money in a pre-tax portfolio, annual RMDs can cost you significantly in otherwise-unnecessary taxes. For example, say that you have $1 million in a 401(k). The IRS could require you to withdraw […] The post I'm 62 With $1 Million in a 401(k). Should I Convert $100,000 Per Year to a Roth IRA to Avoid RMDs? appeared first on SmartReads by SmartA
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Positive quarterly earnings suggest these companies are on a promising growth path you won't want to miss.
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How do average annual gains in the 20%-plus range sound?
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Even some of the most dominant businesses still look like good buying opportunities.
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Two U.S. senators have raised concerns about the technology leading to price gouging and invading consumer privacy.
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Off-radar for much of the past week's market turbulence, U.S. inflation updates this week will reveal just how much latitude the Federal Reserve has to meet pumped-up expectations around its first interest rate cut next month. With the S&P500 ending last week basically unchanged despite days of outsize swings, the VIX volatility gauge has returned close to long-term means around 20.
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When it comes to competitive advantages in the EV industry, few have the potential of NIO.
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The NHTSA recently announced recalls for 142,288 vehicles. This includes BMW, Chrysler and Toyota vehicles.
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Is it a good idea for investors to buy this AI stock following its latest pop?
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Several hedge fund managers have been buying shares of the Invesco QQQ Trust, an index fund with AI stocks like Apple, Microsoft, Alphabet, and Amazon.
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A big clue from Berkshire Hathaway's latest operating results strongly suggest he's paring down one of his top holdings, and may have completely exited his stake in another key value stock.
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A 2,750% trailing-five-year gain has this hot artificial intelligence (AI) company readying to complete its first-ever stock split.
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The Oracle of Omaha is bullish on this insurance giant.
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A small investment in these stocks now could lead to heaps of dividend income by the time you retire.
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The exact number of job cuts could be similar to, or slightly exceed, the 4,000 positions eliminated in February 2024.
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Against all odds, United Launch Alliance's sales -- and profits -- are starting to climb again.
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What does this sudden change of heart mean for Berkshire Hathaway shareholders?
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Why this high-yield stock should be on investors' radars.
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Here's why a big rebound could be in store for Nvidia.
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Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Chipotle (NYSE:CMG) and the best and worst performers in the modern fast food industry.
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Asian shares were mixed in calm trading on Monday ahead of big reports this week on the state of the U.S. economy. In Seoul, the Kospi jumped 1.1% to 2,616.11, as shares in Samsung Electronics gained 1.1%, tracking advances in Big Tech companies late last week. Taiwan's Taiex also gained 1.1%, while big computer chip maker Taiwan Semiconductor Manufacturing Co. only edged 0.1% higher, electronics maker Hon Hai Precision Electronics, also known as Foxconn, surged 4.5%.
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According to recent analysis on CryptoQuant, Bitcoin (BTC) is showing signs of hitting a "local bottom" in the recent early August sell-off.
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(Bloomberg) -- Foreign investors pulled a record amount of money from China last quarter, with the second-only fall on record likely reflecting deep pessimism about the world’s second-largest economy.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestNYC Su
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(Bloomberg) -- After one of the wildest weeks in recent market history — the S&P 500 Index posted both its biggest one-day slump and best rebound since 2022 — traders could be forgiven for not wanting to jump back in fully into stocks. Some are now are looking into options. Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic Game
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(Bloomberg) -- Asian stocks were poised for a mixed open on Monday as traders shifted focus to key US data prints this week after a volatile start to August. Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestNYC Subway Riders See ‘Exceptionally High’ Air P
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(Bloomberg) -- Alibaba Group Holding Ltd., Tencent Holdings Ltd. and JD.com Inc. will provide a snapshot of China’s economy and consumer sentiment, as another somber earnings season is expected in the region.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Transit System Faces a High-Profile Te
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min )
The yen was a tad softer against the dollar in trading thinned by a Japanese holiday on Monday, with market participants still ambivalent about the odds of a big Fed rate cut next month. The respite follows a tumultuous week that began with a massive selloff across currencies and stock markets, driven by worries over the U.S. economy and the Bank of Japan's hawkishness.
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China's bond market, the world's second largest, is on edge following a turbulent week in which the central bank started intervening heavily to stem a plunge in yields even as the economy is struggling. But die-hard investors say the bull market in government bonds still has legs, citing China's wobbly economy, deflationary pressures and low investor appetite for riskier assets. "We remain actively bullish," said a bond fund manager, undeterred by unprecedented government moves to cool the sizzling treasury market and arrest a plunge in yields, which move inversely to prices.
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Met temperaturen tot wel 35 graden is het fijn om verkoeling op te zoeken, bijvoorbeeld bij de zee of in een opzetzwembad. Maar wat kost het vullen van zo'n zwembad eigenlijk?
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De prijs van arabicakoffiebonen is maandag flink gestegen door vrees voor vorst in Brazilië. Handelaren rekenen erop dat het deze week koud kan worden in het Zuid-Amerikaanse land. Dat kan een negatieve impact hebben op de oogst, meldt persbureau Bloomberg.
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De prijs van arabicakoffiebonen is maandag flink gestegen door vrees voor vorst in Brazilië. Handelaren rekenen erop dat het deze week koud kan worden in het Zuid-Amerikaanse land. Dat kan een negatieve impact hebben op de oogst, meldt persbureau Bloomberg.
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De vraag naar airco's is de afgelopen tijd flink toegenomen vanwege de warmte van de afgelopen weken. Bij sommige installateurs is het aantal aanvragen zelfs verdubbeld, zo blijkt uit een rondgang van NU.nl.
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DNB past het zogenoemde depositogarantiestelsel aan. Die garantie zorgt ervoor dat je jouw geld terugkrijgt, mocht je bank failliet gaan. DNB verhoogt het bedrag waarvoor de centrale bank garant staat en verlengt de periode waarin je er een beroep op kunt doen.
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Oekraïne probeert deze zomer zoveel mogelijk graan te exporteren, nu het land wat terrein heeft gewonnen in het gebied rond de Zwarte Zee. Dit ondanks dat Russische aanvallen op de havens nog doorgaan.
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Het aantal faillissementen is ook in juli gestegen. Volgens het statistiekbureau CBS zijn vorige maand 24 bedrijven meer failliet verklaard dan in juni. Dat is een stijging van 6 procent.
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min )
Het aantal jongeren zonder baan, opleiding of onderwijs is vorig jaar gezakt naar het laagste niveau in vijftien jaar. Toch gaat het volgens arbeidsorganisatie ILO nog altijd om een zorgwekkend grote groep.
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Veel Nederlandse bedrijven zijn nog altijd op zoek naar personeel, maar zijn terughoudend. De economische situatie verslechtert en de eerste faillissementen en reorganisaties zijn zichtbaar. Bovendien stijgen de kosten. En dat leidt tot nog meer onzekerheid, zeggen deskundigen tegen NU.nl.
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Veel Nederlandse bedrijven zijn nog altijd op zoek naar personeel, maar zijn terughoudend. De economische situatie verslechtert en de eerste faillissementen en reorganisaties zijn zichtbaar. Bovendien stijgen de kosten. En dat leidt tot nog meer onzekerheid, zeggen deskundigen tegen NU.nl.
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A recovery in the housing market could help revive the real estate industry.
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One of these stocks is a seemingly more promising investment than the other right now.
( 68
min )
A couple of solid AI-related growth opportunities could help this chipmaker join the trillion-dollar market cap club in the future.
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min )
Can this tech conglomerate hold on to its lofty valuation as AI optimism fades?
( 68
min )
Investors might want to take advantage of the stock market's recent pessimism.
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min )
(Bloomberg) -- By now, last Monday’s global market meltdown looks more like a brief tremor, a fleeting panic unleashed by a small policy shift from the Bank of Japan and resurgent fears of a US recession. Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestN
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Investors got whipsawed by wild markets in the past week. Here are some lessons learned.
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min )
Natural gas prices at the Waha Hub in West Texas have been negative a record number of times so far this year.
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min )
Suze Orman, the acclaimed financial guru known for her straight-talking advice, warns about what she sees as the biggest danger to your investment future. In a recent episode of her hit podcast, Women & Money, entitled "Suze School: Avoid the Biggest Danger to Your Future Investments," Orman broke down the critical mistakes many investors make and how to dodge them. Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. Can you guess how many retire with a $5,00
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(Bloomberg) -- Gregg Abella, a money manager in New Jersey, wasn’t expecting the flood of phone calls he got from clients this past week. “Suddenly people are saying to us, ‘Wow, do you think it’s a good time for us to add bonds?”Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestLos Angeles Sees Remote Work Helping ‘No
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Artificial intelligence could enhance Meta's existing apps and create a new source of revenue for the business.
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Minnesota’s child tax credit of $1,750 per child is easily the largest state-level child tax credit in the country, one expert noted.
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Flak flying around says renting is like flushing money down the drain, but Ramsey has a different take. Ramsey, well-known for his tough-love approach to managing money, believes that while renting offers flexibility, it doesn't provide the financial security that homeownership does. Don't Miss: Miami is expected to take New York's place as the U.S. Financial Capital. Here's how you can invest in the city before that happens. A billion-dollar investment strategy with minimums as low as $10 — you
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Buying excellent companies when they are out of favor can be a winning strategy over the long term.
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Amazon's stock sold off after earnings and followed the market down further; is Wall Street making a huge mistake?
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min )
Warren Buffett, arguably America’s most successful investor, is at it again. His latest moves in the stock market have captured the attention of investors. Under his control since 1965, he has led Berkshire Hathaway (BRK. A, BRK. B) to nearly double the performance of the S&P 500 with his calculated decisions. Don't Miss: Here’s the AI-powered startup that turns traders into influencers achieving 12% monthly growth – invest in it at only 10 cents per share. This startup is on the brink of a huge
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Arm has terrific results and an awesome business model; is it enough?
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There's more to these three companies than passive income alone.
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This pharmaceutical blue chip could be ready to rally higher.
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min )
MUMBAI (Reuters) -India's markets regulator on Sunday asked investors to remain calm and exercise due diligence before reacting to reports such as that by US-based shortseller Hindenburg Research. Hindenburg alleged on Saturday that the head of Securities and Exchange Board of India (SEBI), Madhabi Puri Buch, previously held investments in offshore funds also used by the Adani Group. The regulator said the allegations made by Hindenburg against the Adani group have been duly investigated by SEBI and 23 out of 24 investigation were completed in March 2024.
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(Bloomberg) -- Some of the top US oil refiners are throttling back operations at their facilities this quarter, adding to concerns that a global glut of crude is forming.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesNYC Subway Riders See ‘Exceptionally
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min )
This fast-growing company could turn out to be a solid long-term investment thanks to a huge end-market opportunity.
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min )
These companies have approved Alzheimer's treatments that could generate billions in revenue for their respective businesses.
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min )
The Navy’s ability to build lower-cost warships that can shoot down Houthi rebel missiles in the Red Sea depends in part on a 25-year-old laborer who previously made parts for garbage trucks. Lucas Andreini, a welder at Fincantieri Marinette Marine, in Marinette, Wisconsin, is among thousands of young workers who’ve received employer-sponsored training nationwide as shipyards struggle to hire and retain employees. The labor shortage is one of myriad challenges that have led to backlogs in ship production and maintenance at a time when the Navy faces expanding global threats.
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(Bloomberg) -- Wall Street’s summer to forget is approaching its climax, with all eyes on this week’s consumer prices report, which traders hope will give the Federal Reserve the ammunition it needs to begin cutting interest rates at its next meeting in September.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestLos An
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With the market in turmoil, long-term investors might want to pounce on these two stocks.
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Technology is transforming the financial market. These companies are leading the charge.
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min )
Don't rely on just one metric to inform your investing decisions.
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min )
Alphabet has been labeled a monopoly. Now what?
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If the company's turnaround is successful, Intel's stock could possess a lot of upside.
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min )
How much money can I give to my son and daughter-in-law without incurring a tax issue with the IRS? -Irwin For 2023, you can give your son and daughter-in-law each $17,000 without having to deal with the IRS. But even … Continue reading → The post Ask an Advisor: I Want to Give Money to My Son and Daughter-in-Law. How Much Money Can I Give Away Without ‘Incurring a Tax Issue With the IRS?' appeared first on SmartAsset Blog.
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The EV battery maker is making progress on industrializing its solid-state battery. Is it a buy?
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Should Nvidia investors be worried about a growing number of competitors in the chip market?
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These three stocks are down in the dumps, even though they're all growing rapidly.
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How does a 6.4% dividend yield sound? Or a 10-year average annual return of 12%?
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These three stocks can be game-changing for your long-term portfolio.
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About half of retirees claim at one of these three ages.
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This dominant company has done a fantastic job building wealth for its long-term shareholders.
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These companies are better valued than Intel and could go far in the coming years.
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min )
Foxconn is hiring more shift workers with higher wages at the world's largest iPhone factory in the Henan provincial capital of Zhengzhou, ahead of the September launch of the 16th edition of Apple's iconic smartphone. The assembler, also known as Hon Hai Precision Industry, recruited more than 50,000 workers in Zhengzhou over the past two weeks, according to Chinese media reports. The hourly wage at the factory has risen to 26 yuan (US$3.63) in August from 25 yuan in July, while a bonus of up t
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All three companies have been impacted by higher interest rates and lower customer spending.
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An ever-expanding market and years of experience in the field could propel this customer relationship management (CRM) specialist to new heights.
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min )
A long lead in a niche industry ripe for disruption could make this stock a top performer.
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min )
Although history doesn't repeat itself to a T on Wall Street, it does have a strong tendency to rhyme.
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Waiting until 70 to claim Social Security isn't always a clear-cut decision.
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The AI chipmaker is scheduled to report results later this month. Can the stock continue its relentless climb?
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min )
If you don't have a Costco near your home, you may be in luck. Find out which three U.S. cities will get new Costco clubs this October.
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min )
Apple stock has gone from a screaming bargain when Buffett bought in, to dangerously expensive as he recently started to unload shares.
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min )
Amazon should grow by leaps and bounds over the next 10 years. But these stocks will likely still be bigger.
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min )
These ETFs make it easy to collect passive income.
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min )
These artificial intelligence stocks could be the next stock splits in 2024.
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min )
Liquid cooling is rapidly taking off, and Supermicro appears to be leading the pack.
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Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week. New Street Research has upgraded NVIDIA Corporation (NASDAQ:NVDA) to a Buy rating with a target price of $120 this week. The move comes following a significant decline in the chipmaker’s stock since its June peak, leading Nvidia to underperform other semiconductor stocks linked to data center AI.
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Consumers are falling in love with a flavor profile beyond hamburgers and Tex-Mex.
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The right investment can help protect your money during a downturn.
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min )
(Bloomberg) -- US inflation probably picked up modestly in July, but not enough to derail the Federal Reserve from a widely anticipated interest-rate cut next month.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestAfrica’s Richest City Needs $12 Billion to Fix InfrastructureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceNYC Subway Riders See ‘Exceptionally High’ A
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(Bloomberg) -- New official statistics from the UK offer a nuance on Leo Tolstoy’s famous observation. Happy families may all be alike, but the country’s unhappy families also have something in common: the cost-of-living crisis.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No C
( 68
min )
(Bloomberg) -- Japanese equities shed $1.1 trillion in value as they kicked off August with a record three-day loss. For bullish investors, that’s providing a fresh reason to buy what has been one of 2024’s hottest trades.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureAfrica’s Richest City Needs $12 Billion to Fix InfrastructureIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as
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min )
Door de gestegen goudprijs zijn Olympische gouden medailles waardevoller dan ooit. De plakken die olympisch kampioenen meenemen uit Parijs bevatten 6 gram goud. Omgerekend zijn ze ongeveer 825 euro per stuk waard.
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Vanaf maandag gaat het drukbevaren Julianakanaal in Limburg maandenlang dicht zodat het dieper en breder gemaakt kan worden en er grotere schepen doorheen kunnen varen. De komende periode zal de sluiting tot grote hinder leiden voor de scheepvaart.
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Investopedia spoke with Oren Klachkin, a financial market economist at Nationwide, about what consumer sentiment measures tell him about the economy and where he’s focusing his attention.
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Coming Up: Fresh Inflation Data, Earnings From Walmart, Home Depot, and More
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min )
Boeing has a lot of problems. Can one new CEO fix them all?
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min )
This high-yield stock is on track for another successful year.
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min )
This technology company will suffer from end-market weakness in 2024, but its long-term prospects remain excellent.
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min )
A changing environment should be good for the stock.
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min )
Investors need to apply some perspective when it comes to this move.
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min )
A sharp pullback in this semiconductor stock has made it particularly appealing.
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min )
You can still follow Bill Ackman's trades. Here are his biggest investments right now.
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min )
History shows that stock-split stocks tend to continue outperforming their peers.
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min )
Investors shouldn't assume the cybersecurity stock has bottomed out.
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min )
Why it may be better to remain patient.
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min )
These industry leaders should be very rewarding investments.
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min )
The stock is now up over nearly 70% year to date.
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min )
As the rich wield their clout and garner a disproportionate share of the global wealth, an economist said on Tuesday minimum tax proposal for the billionaires could soon become a reality. Paying Up Fair Share: The concentration of wealth has become a “global” and “alarming” issue, said Gabriel Zucman, Professor of Economics at the Paris School of Economics and the University of California, in an opinion piece contributed to Project Syndicate. Don’t Miss: Can you guess how many retire with a $5,0
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U.S. based short-seller Hindenburg Research in a new report released on Saturday alleged that the chairperson of India's market regulator Madhabi Puri Buch held investments in certain offshore funds that were also used by the Adani group. Buch did not immediately reply to a call and a message sent on Whatsapp. Citing whistleblower documents, Hindenburg said Buch and her husband held stakes in an offshore fund where a substantial amount of money was invested by Vinod Adani, brother of Gautam Adani, who is chairman of the Adani group of companies.
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The major party vice-presidential nominees, Democrat Tim Walz and Republican JD Vance, have differing views on policies and very different financial situations. Let’s examine their finances in more detail. Tim Walz, the Democratic nominee and current Governor of Minnesota, has a background as a teacher and a former U.S. House Representative. His annual salary as governor is about $127,000. Walz keeps his investments simple—he holds no stocks, bonds, or other securities. Don't Miss: Miami is expe
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Warren Buffett just sold a bunch of Apple stock.
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min )
"Should the incoming data continue to show that inflation is moving sustainably toward our 2% goal, it will become appropriate to gradually lower the federal funds rate to prevent monetary policy from becoming overly restrictive on economic activity and employment," Bowman said in remarks prepared for delivery to a closed meeting of the Kansas Bankers Association. "But we need to be patient and avoid undermining continued progress on lowering inflation by overreacting to any single data point."
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Jim Cramer, the widely recognized financial commentator, recently visited Twitter to share his understanding of the current stock market situation. He stressed that the recent uptick in stock prices isn’t due to strong fundamentals but the actions of the Japanese central bank, which have alleviated some market pressures. I don't want anyone to think that any stock is going up this morning based on the fundamentals. It is the alleviating of the pressure from the Japanese central bank. We saw this
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Two of the most important names in artificial intelligence (AI) are joining forces.
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Investors may want to consider the company that's actually manufacturing most of the underlying tech.
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min )
This is a familiar set-up for many retired teachers, and even a vice-presidential candidate.
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Are the experts wrong about this rising star? Learn why an unloved company might defy expectations.
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min )
Apple didn't use Nvidia GPUs to train its Apple Intelligence AI model.
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min )
In five years, these companies' recent dips will be forgotten.
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min )
Check out two promising growth stocks that could offer strong returns for savvy investors willing to hold for the next decade.
( 69
min )
It's too early in the AI boom to say Nvidia's run is over. Here's what investors should consider.
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min )
Intel Corp (NASDAQ:INTC) recently announced plans to slash jobs in an effort to drive cost savings across its business. Here’s a look at just how much Intel was paying its employees and how it compares to other tech giants. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? This startup is on the brink of a huge disruption to the $654 billion industry – Here’s how to invest in it before it fulfills its 800 pre-orders in the next 2 weeks. What T
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min )
Two prominent billionaires hold large stakes in these growth stocks.
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min )
ASML and Meta Platforms could split their high-flying shares soon.
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min )
These stocks can help you cash in on this burgeoning new industry.
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min )
Ford shares continue to disappoint investors.
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min )
Converting to a Roth IRA isn’t for everyone, but people should know what the process entails, one expert told MarketWatch.
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min )
These companies still offer plenty of long-term upside for investors.
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min )
An opportunity to buy CrowdStrike's stock at a safe point hasn't emerged yet.
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Buying stocks when economic conditions aren't great can set up investors for some exceptional returns in the long run.
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With retirement nearly within your grasp, a few years more of working may seem daunting. But before you make any final decisions, you must make sure you can retire securely. Here, we have a profile with about $1.75 million in savings on top of Social Security. Can you retire now? It depends on factors specific […] The post I’m 62 Years Old, Have $1 Million in Cash, $750k in an IRA and Social Security. Should I Retire Now? appeared first on SmartReads by SmartAsset.
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I have $800,000 sitting in a money market account because I don't know what else to do with it. My hope was that I could put it in something that can yield around 4-5% growth. I also have $900,000 in my 401(k) that is sitting in minimal-risk accounts with Vanguard. I will be turning 62 […] The post Ask an Advisor: I’m 61 With $900k in My 401(k) and $800K Sitting in a Money Market Account. How Should I Invest? appeared first on SmartReads CMS - SmartAsset.
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These stocks trade at less than 20 times their estimated future profits.
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All of these stocks can provide steady income to retired investors.
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There's one investment that generates more than double the income of Berkshire's entire stock portfolio.
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Data streaming is becoming a critical technology for a growing number of businesses.
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How a string of ill-suited leaders can doom companies to the 5 stages of decline.
( 68
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Can Bitcoin recover from the "flash crash" and double in value by year's end? The answer might surprise you.
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Nvidia is growing so quickly its stock looks quite affordable based on one widely-used valuation metric, as long as investors maintain a long-term outlook.
( 67
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There could be a game of musical chairs with Buffett's top-five holdings.
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Investors will find many reasons to like this fintech disruptor.
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The effect of previous Federal Reserve interest rate cuts on the S&P 500 provides a murky picture.
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ExxonMobil is preparing for whatever the future might bring.
( 68
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Realty Income, LTC Properties, and Gladstone Investment are great retirement stocks.
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With an average yield above 8.9% at recent prices, investing in these stocks can do a lot to improve your passive income stream.
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Meta Platforms continues to grow at a breakneck pace.
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These three companies have strong competitive advantages and economic moats that make them excellent stocks for the long haul.
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Brookfield Infrastructure expects to be a key enabler to support AI.
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This stock has been a huge under-the-radar winner for Buffett and still has room to run.
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Artificial intelligence (AI) leader Nvidia isn't perfect, which may be a painful realization for its investors.
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The artificial intelligence (AI) hardware provider was added to the benchmark S&P 500 Index and followed that feat with a long-anticipated stock split.
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During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the ...
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Inwoners van Turkije kunnen vanaf zaterdagavond weer gebruikmaken van Instagram. De regering heft de blokkade van het socialemediaplatform op. Die gold sinds vorige week vrijdag.
( 1
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Susan Wojcicki, de voormalig topvrouw van YouTube, is in de nacht van vrijdag op zaterdag op 56-jarige leeftijd overleden aan de gevolgen van longkanker, meldt haar echtgenoot op Facebook.
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Susan Wojcicki, de voormalige topvrouw van YouTube, is in de nacht van vrijdag op zaterdag op 56-jarige leeftijd overleden aan de gevolgen van longkanker, meldt haar echtgenoot op Facebook.
( 1
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Vakantiegangers kiezen vaker voor alternatieve bestemmingen nu het massatoerisme in verschillende Europese landen en steden toeneemt. Zo zijn landen als Albanië, Servië, Noord-Macedonië, Kirgizië en Kazachstan meer in trek.
( 1
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Vakantiegangers kiezen vaker voor alternatieve bestemmingen nu het massatoerisme in verschillende Europese landen en steden toeneemt. Zo zijn landen als Albanië, Servië, Noord-Macedonië, Kirgizië en Kazachstan meer in trek.
( 1
min )
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You may have noticed that the Red Lobster or Applebees in your town is closing down, or that Boston Markets, which used to be everywhere, have all but vanished. What’s going wrong in the restaurant industry?
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JPMorgan Chase on Friday asked a U.S. judge in Manhattan to dismiss its lawsuit against Russia's VTB Bank over a $439.5 million account frozen after Russia invaded Ukraine, saying VTB "coerced" it into requesting the dismissal. The largest U.S. bank had sued VTB in April, after the Russian state-owned bank sued in Russia to recover money that had been frozen. JP Morgan said U.S. sanctions blocked it from releasing the funds, and VTB had agreed to resolve disputes in Manhattan, not Russia.
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(Bloomberg) -- Private lender Prospect Capital Corp. defended its 20-year track record, pushing back against criticism over its frequent use of arrangements that allow borrowers to pay interest with more debt and its reliance on individual investors for funding. Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNYC Subway Riders See ‘Exceptionally High’ Air PollutionWhen Climate Funds Pay for High
( 67
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Intel stock has plummeted roughly 42% over the last month, and the company's foundations are being questioned
( 67
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Intel shares plunged by 26% to $21.48, their lowest stock price since 2013, bringing the market capitalization below the $100 billion mark. This followed the company's disappointing earnings report and the announcement of a large restructuring plan. Don't Miss: Amid the ongoing EV revolution, previously overlooked low-income communities now harbor a huge investment opportunity at just $500. This billion-dollar fund has invested in the next big real estate boom, here's how you can join for $10. T
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Utility firm Hawaiian Electric raised going concern doubts on Friday after it revealed that it does not have a financing plan for the $1.71 billion Maui wildfire settlement reached earlier this month. The company said it was working closely with financial advisers to develop a financing plan for their settlement contribution, and intends to finance the settlement payments through a mix of debt, common equity, equity-linked securities, or other potential options. The company had agreed to pay a large share of a more than $4 billion legal settlement to compensate victims of last year's deadly Maui wildfires that killed over 100 people.
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Imagine waking up one day and finding out that you’re a millionaire. For many employees working under billionaires like Mark Cuban and Jay Chaudhry, this wasn’t just a dream – it was their reality. Both Cuban and Chaudhry have transformed the lives of hundreds of employees by sharing their financial successes. Don't Miss: This startup is on the brink of a huge disruption to the $654 billion industry – Here’s how to invest in it before it fulfills its 800 pre-orders in the next 2 weeks. A billion
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It didn’t take long for AI chip stocks (like ASML, AMD, and MU) to fall so drastically out of favor, with some of this year’s biggest winners now on the receiving end. As demand for AI chips marches ahead, with or without the stocks of the top AI chip plays, contrarians may have one of the best chances to buy the dip since this AI stock rally began more than a year ago. Indeed, buying into one of the worst sector-based sell-offs in recent memory is never going to be easy. However, if you were bu
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The distressed company announced a big AI networking deal.
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(Bloomberg) -- Former Treasury Secretary Lawrence Summers urged the Securities and Exchange Commission and relevant exchanges to look into the historic surge in the most-watched gauge of US financial volatility on Monday.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNYC Subway Riders See ‘Exceptionally High’ Air PollutionNew York City Paid $2 Million for Empty Hotel Rooms Meant for MigrantsWhe
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Find the latest Equity Residential (EQR) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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Robert Kiyosaki, co-founder of the Rich Dad Company, recently appeared on Fox Business to discuss the future of the U.S. dollar and the rising importance of alternative investments like Bitcoin and gold. He’s long been an advocate for investing in tangible assets, and his, some would say controversial, recent comments reflect his increasing skepticism about the sustainability of the current financial system. Don't Miss This startup is on the brink of a huge disruption to the $654 billion industr
( 68
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The biopharma company is proving its recently approved cancer therapy is marketable.
( 67
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Brazilian state-run oil firm Petrobras will pay extraordinary dividends if there is an "opportunity" for it, Chief Financial Officer Fernando Melgarejo said on Friday. Melgarejo told an earnings call with investors that any decision on an extraordinary payout would depend on the company's current cash conditions and future cash generation capacity.
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(Bloomberg) -- Cisco Systems Inc. plans to eliminate thousands more jobs in a second round of layoffs this year, Reuters reported, as the networking equipment maker shifts its focus to faster-growing businesses such as cybersecurity and artificial intelligence.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNYC Subway Riders See ‘Exceptionally High’ Air PollutionNew York City Paid $2 Million for
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Cisco will cut thousands of jobs in a second round of layoffs this year as the U.S. networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI, people familiar with the matter said. The number of people affected could be similar to or slightly higher than the 4,000 employees Cisco laid off in February, and will likely be announced as early as Wednesday with the company's fourth-quarter results, said the sources, who were not authorized to speak publicly. Reuters exclusively reported the job cut that San Jose, California-based Cisco announced in February, prior to the company announcing it.
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"Will JPMorgan Chase reduce executive pay instead of imposing new fees on its customers?"
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During the May 2024 Berkshire Hathaway annual meeting, Warren Buffett gave his signature insights into the insurance industry. With a wealth of experience, Buffett’s reflections on the business are both enlightening and unpretentious. Warren Buffett described the insurance business as particularly enticing. “It’s so much fun because you get the money at the start, you know, and then you find out whether you’ve done something stupid later on,” he quipped. Don't Miss: Are you rich? Here’s what Ame
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On CNBC’s "Mad Money Lightning Round," Jim Cramer said Oneok (NYSE:OKE) is "terrific" and recommended buying more of the stock. On Aug. 5, ONEOK reported better-than-expected second-quarter GAAP EPS results, posting quarterly earnings of $1.33 per ...
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(Bloomberg) -- Warren Buffett’s sudden sale of a huge pile of Apple Inc. shares has come with a surprise silver lining for investors in the iPhone maker: Its influence in major stock indexes is set to be fully unleashed.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNYC Subway Riders See ‘Exceptionally High’ Air PollutionNew York City Paid $2 Million for Empty Hotel Rooms Meant for MigrantsWhen
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Knowing how your net worth compares to your peers can help you make wise financial choices. See if you're richer or poorer than others in your income bracket.
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These companies are trading at a bargain after a sell-off, and you won't want to miss out.
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The company achieved some impressive growth last quarter while also shrinking its losses.
( 68
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Hershey has increased its quarterly dividend 77% over the last five years and currently offers its highest yield in years.
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Insurers face millions of dollars in claims after a foiled attack forced three Taylor Swift concerts in Austria to be cancelled, though several providers will share out the hit, two people involved in insurance for her tour told Reuters. Swift is popular among insurers as she rarely cancels concerts, a third insurance source said. Organisers of large sporting and entertainment events typically buy event cancellation insurance, much of which tends to be insured through the Lloyd's of London market by a consortium of insurers.
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Investors wanting exposure to the S&P 500 without the concentration risk should consider this ETF.
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News of the day for August 9, 2024
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Medical Properties Trust must limit its cash dividends while a key tenant remains in bankruptcy.
( 68
min )
Find the latest BlackRock, Inc. (BLK) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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Find the latest HireQuest, Inc. (HQI) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
min )
Microsoft's history of stock splits and impressive growth has made one IPO share worth six figures today.
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Investors looking for a cheaper alternative to Palantir to take advantage of the growing demand for AI software would do well to take a closer look at this name.
( 68
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As the Nasdaq enters a correction, stocks are going on sale.
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I am 60 years old, married, with no mortgage. We also have $1.1 million in liquid cash and $880,000 in a 401(k). I will have two pensions, which have not started yet, and my wife will have one pension, all … Continue reading → The post Ask an Advisor: I Am 60 Years Old, Have $1.1M Cash, $880K in a 401(k), Several Pensions and Social Security. Should I Retire Now? appeared first on SmartAsset Blog.
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Looking for the best stock you've never heard of? Take a look at this manufactured home community REIT. It's got a solid dividend and long and stable track record.
( 69
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Find the latest LyondellBasell Industries NV (LYB) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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Brazil's state-run oil giant Petrobras reported lower-than-expected results and decreased investment estimates, marking a significant drop from the previous year.
( 67
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It's not only AI stocks that drew the Peach State representative's interest in July.
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He recently reduced his position in his two largest equity holdings.
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These longtime winners still have a lot to offer.
( 68
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Be greedy with these three Buffett stocks.
( 68
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The recent stock market plunge could be a great entry point for long-term investors.
( 69
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Dividends remain one of the best long-term avenues to generating wealth. Here are three stocks you can buy and hold forever.
( 69
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A fluke incident and pressure on tech stocks leaves CrowdStrike vulnerable in the short term, but the future remains promising.
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The aptly named Oracle of Omaha has purchased shares of his favorite stock for 24 consecutive quarters.
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401(k)s have several valuable perks, but this has to be the best one.
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Five exceptionally safe, time-tested stocks have the necessary tools to make their shareholders richer.
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As Ford looks toward the future of affordable EVs, the answer could be in its recent past.
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Alphabet and Super Micro Computer are trading at reasonable prices.
( 69
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(Bloomberg) -- Unwinding of yen-funded carry trades has further room to run and the Japanese currency may strengthen toward 100 per dollar over time, according to BNY.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNYC Subway Riders See ‘Exceptionally High’ Air PollutionNew York City Paid $2 Million for Empty Hotel Rooms Meant for MigrantsNew York City’s Outdoor Dining Sheds Will Start Disappear
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Sometimes, it's easier to focus on what not to do.
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Decades of experience and novel solutions will likely drive this AI specialist even higher.
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As the technology sector takes on “extra” damage as the broader markets roll over for August, growth-hungry bargain hunters may wish to consider the following bruised high-tech names—UBER, AVGO, and SAP—while they’re markedly cheaper than they were just two weeks ago. Undoubtedly, the summer market sell-off seems to have arrived a month or so early (typically, September is usually the ugliest month for stocks). Therefore, perhaps the following Strong Buy-rated tech names are worthy of your atten
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Disappointing U.S. jobs data has shaken confidence in a soft landing for the world's largest economy, sending global equity markets tumbling and bets on interest rate cuts surging. But investors abandoning a popular yen carry trade has played a big role in the selloff, complicating the message from asset prices on the economic outlook. Goldman Sachs has raised its odds of a U.S. recession to 25%.
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(Bloomberg) -- Brazil’s state-controlled oil producer Petroleo Brasileiro SA surprised investors with a net loss of 2.6 billion reais ($470 million) mainly due to a tax settlement in the first results under Chief Executive Officer Magda Chambriard. Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNYC Subway Riders See ‘Exceptionally High’ Air PollutionNew York City Paid $2 Million for Empty Hotel
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(Bloomberg) -- Asian equities were poised for gains on Friday after signs of resilience in the US labor market lifted US stocks.Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureNYC Subway Riders See ‘Exceptionally High’ Air PollutionNew York City Paid $2 Million for Empty Hotel Rooms Meant for MigrantsNew York City’s Outdoor Dining Sheds Will Start DisappearingEquity futures for Japan, Australia
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Stellantis N.V. is ending production of its Ram 1500 Classic truck and laying off as many as 2,450 factory workers in the process.
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The S&P 500 gained 0.5% on Friday, Aug. 9, 2024, closing out a week of dramatic stock market fluctuations driven by concerns about the U.S. economy.
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Insulet shares tumbled Friday after the maker of insulin management devices suggested new user growth could be lower than previously expected in the second half of 2024, despite topping second-quarter sales estimates.
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Canopy Growth Corporation shares tanked Friday after the company’s fiscal first-quarter earnings fell significantly short of expectations.
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Shares of E.l.f. Beauty tumbled as the cosmetic maker gave a weaker-than-expected outlook after posting a monster quarter.
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It was a second straight day of gains for Eli Lilly shares following the drugmaker's blowout second-quarter earnings report.
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Semiconductor equipment maker Applied Materials reports earnings on Aug. 15, with investors likely watching for updates on the company's China sales and the impact of customer Intel's recent plans to cut costs.
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U.S. stocks on Friday were, after a volatile week, on track to post their fourth consecutive weekly decline as the long "Magnificent Seven" trade that has fueled market gains for more than a year continued to falter.
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Rocket Lab USA shares popped Friday, a day after the company posted record revenue and narrowed its second-quarter loss.
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The Dow, S&P 500, and Nasdaq were little changed at midday Friday, heading to the close of a volatile week for markets that began with a global sell-off.
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Akamai Technologies beat second-quarter profit and sales estimates on strong demand for its security and cloud computing products.
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Bitcoin briefly rose above $61,000 early Friday, riding on the heels of Thursday's stock market rally, but the cryptocurrency gave up some of those gains to trade on either side of the $60,000 mark depending on where stocks were trading.
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Take-Two Interactive Software beat first-quarter fiscal 2025 profit and sales estimates as net bookings increased.
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JPMorgan Chase is giving its employees access to a generative AI assistant built by the makers of OpenAI.
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Home Depot is projected to report slight declines in sales and profits Tuesday, as inflation has led many Americans to put off big-ticket home improvement projects.
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Sweetgreen cut its second-quarter losses nearly in half and beat revenue estimates as it added new locations.
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Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker, said July revenue surged 45% year-over-year, showing buoyant demand for the chips that have helped power the AI boom.
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News of the day for August 9, 2024
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Expedia Group shares traded sharply higher ahead of Friday’s opening bell after the online travel company's earnings topped estimates amid robust demand in international markets. Monitor these key post-earnings chart levels.
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SoundHound AI shares jumped 21% Thursday after the provider of voice generative AI announced an acquisition of an enterprise software firm but dropped 5% in extended trading after it reported quarterly results. Monitor these important chart levels.
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De handelsprijs voor gas is de laatste weken opgelopen en staat op het hoogste punt sinds december. De recente aanval van Oekraïne op Rusland speelt een belangrijke rol, maar er is meer aan de hand. En dat kunnen we gaan merken in de portemonnee.
( 1
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Zo'n 340.000 werknemers in de metaal- en technieksector krijgen een loonsverhoging van 13 procent. Dat hebben werkgevers en vakbonden afgesproken in een nieuwe cao die een looptijd van 22 maanden heeft.
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Modeconcern Esprit gaat al zijn 56 winkels in Duitsland voor het einde van dit jaar sluiten. Zo'n dertienhonderd werknemers verliezen hierdoor hun baan, meldt het Duitse persbureau DPA.
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China gaat in beroep bij de Wereldhandelsorganisatie (WTO) tegen de verhoging van de importtarieven op elektrische auto's door de Europese Unie. Dat meldt het Chinese ministerie van Economische Zaken vrijdag.
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Twee astronauten zitten al maanden vast op het internationale ruimtestation ISS. Daar leven ze in onzekerheid, want het is nog niet bekend wanneer ze terugkeren naar de aarde. Dit weten we tot nu toe.
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Twee astronauten zitten al maanden vast op het internationale ruimtestation ISS. Daar leven ze in onzekerheid, want het is nog niet bekend wanneer ze terugkeren naar de aarde. Dit weten we tot nu toe.
( 1
min )
Videoland stijgt in populariteit en dat zorgt ook voor goede financiële cijfers bij RTL Nederland. De streamingdienst scoorde dit jaar met onder meer de serie Máxima en verwierf bijna 100.000 extra abonnees.
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Socialemediaplatform X gebruikt voorlopig toch niet zomaar de gegevens van Europese gebruikers om zijn AI-modellen te trainen. Gebruikers moeten eerst een duidelijke optie krijgen om hun toestemming daarvoor in te trekken.
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Bij het uitdelen van verkeersboetes moet meer ruimte komen voor maatwerk. Nu verdriedubbelt het boetebedrag soms als mensen niet op tijd betalen. Dat heeft soms onredelijke gevolgen, vindt het CJIB, de instantie die de boetes int.
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De Volksbank kan een boete verwachten omdat de bank te weinig doet aan de controle op witwassen en financiering van terrorisme door rekeninghouders. De bank, waaronder merken als SNS, ASN en RegioBank vallen, heeft sinds de berisping van vorig jaar onvoldoende beterschap getoond.
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Nederland telt momenteel ruim 2,5 miljoen ondernemers, zo'n 1 miljoen meer dan in 2010. Onder meer jongeren en vrouwen begonnen vaker een eigen bedrijf. Dat blijkt uit cijfers van het CBS.
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Nederland telt momenteel ruim 2,5 miljoen ondernemers, zo'n 1 miljoen meer dan in 2010. Onder meer jongeren en vrouwen begonnen vaker een eigen bedrijf. Dat blijkt uit cijfers van het CBS.
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Huishoudens en bedrijven hebben in de eerste helft van dit jaar maar half zoveel zonnepanelen geplaatst als vorig jaar. Over de eerste zes maanden bleef de teller steken op 188.000 nieuwe installaties met zonnepanelen. Dat waren er een jaar eerder nog 371.000.
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Richmond Fed President Tom Barkin said that continued labor market strength, along with slow progress on inflation, gave the Federal Reserve more time to evaluate data before considering an interest rate cut.
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Wall Street bonuses could be set to rise this year, with debt and equity underwriters likely to see the biggest boosts as deals rebound, according to a report from compensation consulting firm Johnson Associates.
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Parker-Hannifin shares were among the top gainers on the S&P 500 Thursday after the electronic equipment maker reported strong quarterly results.
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The S&P 500 rebounded on Thursday, Aug. 8, 2024, jumping 2.3% as fresh jobless claims data helped ease worries about the economy.
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Zillow Group shares jumped 20% Thursday after company reported better-than-expected second-quarter results and announced a new CEO.
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Palantir shares surged Thursday after the company announced an agreement with Microsoft to provide the U.S. government with access to their artificial intelligence and cloud products.
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The average 30-year, fixed-rate mortgage fell to 6.47%, Freddie Mac said, while the 15-year fixed rate came in at 5.63%—both at their lowest points in more than a year.
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Yeti posted quarterly profit and sales that exceeded forecasts on strong demand for its coolers.
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McKesson said that limited access to weight-loss treatments because of short supplies is negatively impacting its services sales.
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Nvidia, Advanced Micro Devices and other chip stocks rallied Thursday, rebounding from steep losses earlier in the week.
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U.S. equities powered higher at midday Thursday after a softer-than-expected report on weekly jobless claims helped ease worries about the health of the economy.
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TKO Group Holdings stock rallied Thursday after the company reported record quarterly revenue and increased its full-year outlook for the second consecutive quarter.
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Sonos shares slumped on Thursday after the maker of headphones and home sound systems cut its guidance and delayed two hardware releases as it races to fix bugs in its app.
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Under Armour shares popped in intraday trading Thursday following the company's first-quarter fiscal 2025 results, its first since announcing a substantial restructuring plan.
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Shares of Dutch Bros lost more than a fifth of their value in intraday trading Thursday, a day after the coffee chain projected low-single-digit 2024 same-store sales growth.
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The U.K.'s antitrust watchdog agency announced a formal investigation into Amazon's partnership with artificial intelligence startup Anthropic.
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Monster Beverage shares tumbled Thursday, a day after the company's co-CEO acknowledged headwinds in the energy drinks sector.
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Jobless claims came in softer than expected at 233,000, giving some economists more confidence that the labor market still has some strength.
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Alphabet's Google and Meta Platforms reportedly had a "secret deal" to target Instagram advertisements to teenagers on YouTube.
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Burger King and Popeyes parent Restaurant Brands International reported second-quarter earnings that topped analysts' expectations, despite facing "short-term consumer pressures."
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Bumble cut its full-year outlook as customers spent less to use the online dating service.
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Warner Bros. Discovery shares plunged Thursday after the entertainment company recorded an almost $10 billion second-quarter loss, hit by a write-down in the value of its cable networks.
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Eli Lilly shares jumped Thursday after its second-quarter results soared past estimates and led the drugmaker to lift its full-year sales and profit guidance.
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Gold prices steadied in early trading on Thursday as investors refocused their attention on the possibility for rate cuts in the U.S. and escalating tensions in the Middle East. Monitor these important chart levels.
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News of the day for August 8, 2024
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Fund Dropped Nearly 3% on Wednesday
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Retail investors increased trading, especially in their 401 (k) accounts, amid the turmoil in the U.S. stock market on Monday, with most moving to safer assets while others searched for bargains on stocks.
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The conversational artificial intelligence (AI) specialist made a strategic acquisition.
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The initiative run through the World Federation of Advertisers has just two full-time staff members.
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PLUG earnings call for the period ending June 30, 2024.
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On Thursday, Exscientia plc (NASDAQ:EXAI) agreed to merge with Recursion Pharmaceuticals Inc. (NASDAQ:RXRX). Exscientia shareholders will receive 0.7729 Recursion shares for each Exscientia share, with fractional shares paid in cash. Based on the fixed exchange ratio, Recursion shareholders will own approximately 74% of the combined entity, and Exscientia shareholders will own approximately 26%. Also Read: Recursion Pharmaceuticals Stock Surges 10% As Nvidia-Powered Supercomputer Completion Spar
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MPW earnings call for the period ending June 30, 2024.
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According to NielsenIQ, E.l.f. Cosmetics surpassed L'Oréal in the quarter to become the second-largest color cosmetics brand in the U.S.
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The company announced a groundbreaking partnership with another artificial intelligence bigwig.
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Let’s talk retirement. Reaching that million-dollar milestone is a big deal. It can mean financial freedom and the ability to enjoy your golden years. So, how do you get there? Here is a breakdown of what it takes to reach $1 million at various ages, assuming you want to retire at 65 and your investments are growing at a solid 10% each year: Don't Miss: The average American couple has saved this much money for retirement — How do you compare? The number of ‘401(k)' Millionaires is up 43% from la
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The election isn’t the only drama happening in Washington, DC. The battle over the former Trump Hotel has ended in a foreclosure auction, sending the rights for the hotel back to the lender, BDT & MSD Partners, the merchant bank owned by Warren ...
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(Bloomberg) -- Everyone involved agrees on the basic facts about March 8, 2022 — a venture capitalist and a startup co-founder spent a big night on the sidelines of a Miami conference. There, agreement ends. Cailin Hardell says the middle-aged VC investor and another CEO backed by his firm got her drunk and sexually assaulted her. They maintain the encounter was consensual. Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureAfrica’s Richest City Needs $12 Bi
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The chipmaker announced some good news for shareholders.
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The stock market has been highly volatile lately. On Aug. 5, the S & P 500 index plunged by nearly 3%, triggered by a global market rout. The tech-focused Nasdaq composite Index fell by 3.4% intraday, marking the largest decline since May 2022. While ...
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Nvidia, Advanced Micro Devices and other chip stocks rallied Thursday, rebounding from steep losses earlier in the week.
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Hurricane Debby made landfall in Florida Sunday before traveling up the East Coast as a tropical storm. The National Centers for Environmental Information estimated $3.5 billion in damages from the storm. Given Florida’s vulnerability to natural disasters, it’s no surprise that the state holds the dubious distinction of having the highest homeowners insurance rates in the nation. However, the extent of premium increases has left even multimillionaires reeling from sticker shock. Don't Miss: The
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A record multi-million dollar gift to Florida's only public historically Black university has been void for months, an independent investigator said Thursday, as a third-party report determined school officials failed to vet a “fraudulent” contribution and that the donor's self-valuation of his fledgling hemp company was “baseless.” Little-known entrepreneur Gregory Gerami's donation of more than $237 million was “invalidated” ten days after its big reveal at Florida A&M University's graduation ceremony because of procedural missteps, investigator Michael McLaughlin told trustees. Gerami violated his equity management account’s terms by improperly transferring 15 million stock shares in the first place, according to an Aug. 5 report by the law office of Buchanan Ingersoll & Rooney, PC.
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In a recent episode of "The Ramsey Show," 22-year-old Molly from Austin, TX, called in with a pressing question. She recently received a $1.5 million inheritance and plans to marry in November. She wanted to know if she should get a prenuptial agreement. Dave Ramsey, traditionally not an advocate of prenups, provided some insights that extend beyond the financial aspects of Molly's situation. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? C
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(Bloomberg) -- Back in June, a mystery investor made a record wager on long-dated Treasuries, creating waves in the ETF market where trading pros seek clues about sentiment on Wall Street. Now the firm behind that bet has revealed itself, and says its recession call is finally coming to fruition.Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNYC Subway Riders See ‘Exceptionally High’ Air PollutionNew York City Paid $2 Million for Empty Hotel Rooms Meant for
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In a positive development for investors, two high-quality real estate investment trusts (REITs) announced dividend increases last week. Investors should take note of REITs that are increasing their dividends because this typically indicates strong ...
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With share prices plunging, high anxiety on Wall Street and talk of emergency rate cuts in the US, it has been a dramatic week for the markets – and the millions of savers who rely on them for an investment return.
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In investing, Warren Buffett and Charlie Munger are household names, synonymous with success and financial wisdom. But even the best can sometimes have doubts, as evident during Berkshire Hathaway’s 2021 annual meeting. Buffett, often regarded as one of the greatest investors of all time, made headlines when he decided to sell some of Berkshire Hathaway’s Apple shares despite them being described as Berkshire’s “fourth jewel” alongside their insurance operations, BNSF Railway and the Berkshire H
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Procter & Gamble is a dividend stock that is worth paying up for today.
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Intel's slump after weak results and guidance was a long time coming.
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The USD/JPY continues to see a lot of noisy behavior, as the market is trying to sort out what the risk parameters truly are. At this point, the market is currently hanging about a major trend line.
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Palantir is succeeding as a company, but is the stock already too expensive?
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Millennial and Gen Z eating habits could mean huge investment returns from these two growth stocks.
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(Bloomberg) -- On the surface, Nvidia Corp.’s $900 billion selloff since its June record would suggest the artificial intelligence spending boom that propelled it there is cooling. But the undercurrents tell a far less dire story.Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNew York City’s Outdoor Dining Sheds Will Start DisappearingNYC Subway Riders See ‘Exceptionally High’ Air PollutionNew York City Paid $2 Million for Empty Hotel Rooms Meant for Migrant
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Eli Lilly blew past second-quarter expectations with the diabetes treatment Mounjaro and its weight loss counterpart Zepbound funneling more than $4 billion in sales to the drugmaker. Lilly also hiked its forecast for the year well beyond Wall Street expectations as newer drugs like Zepbound built momentum. The company’s shares soared before markets opened Thursday after Lilly detailed its quarterly results.
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The recent news that Chevron is leaving San Ramon, CA, for Houston, TX, is another example of what has been termed the California exodus. Many businesses have left the Golden State over the last several years. Speaking with Fox Business, Shark Tank ...
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Nvidia’s AI business can’t justify a $3 trillion valuation — but here’s what can, says a NYU finance professor.
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Can this struggling stock turn things around?
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Global markets plunged this week, but savvy investors could boost long-term returns because of it.
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On Thursday, Eli Lilly And Co (NYSE:LLY) reported second-quarter revenue of $11.3 billion, up 36% year over year, easily surpassing the consensus of $9.95 billion. The increase was driven by a 27% increase in volume and a 10% increase due to higher realized prices. The volume increase was primarily driven by growth from Mounjaro, Zepbound, Verzenio, Taltz and Jardiance, partially offset by the sale of rights for Baqsimi in Q2 2023 and declines in Trulicity. In its earnings release, Eli Lilly rep
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In an effort to rapidly bring down EV costs, Japanese automakers are taking the next step -- how will Ford respond?
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ITW's track record for returning capital to shareholders makes up for its lackluster sales growth.
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There's no getting around the fact that the cable television industry now has more than one kind of cord-cutting problem on its hands.
( 68
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Novavax reported second-quarter revenue that was below analysts' estimates on Thursday due to lower-than-expected sales of its COVID-19 vaccine. The company recorded $415.5 million in total revenue in the second quarter, lower than analysts' average estimate of $458.6 million, according to LSEG data.
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Semiconductor stocks fell sharply in recent days, pressured by a combination of macroeconomic headwinds and disappointing earnings results amid high expectations.
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Nvidia may be winning now, but there are signs of weakness.
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Eli Lilly on Thursday raised its annual profit forecast and sales of its popular weight-loss drug Zepbound crossed $1 billion for the first time in a quarter. The drugmaker now expects adjusted profit of $16.10 to $16.60 per share for 2024, compared with prior forecast of $13.50 to $14.
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Artificial intelligence could mint another $2 trillion tech giant very soon.
( 70
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Find the latest HireQuest, Inc. (HQI) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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Berkshire Hathaway now has a record high amount of cash on its balance sheet. Here's how it could spend it.
( 68
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Volatility spikes like the one seen on Monday rarely disappear instantly and, with the VIX 'fear gauge' still above historical averages of about 20, some turbulence remains. European and Asian benchmarks were slightly lower - but with far less movement than earlier in the week.
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Two successful fund managers are ignoring Wall Street's obsession with artificial intelligence (AI) stocks, investing in these bargain opportunities instead.
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One member of the "Magnificent Seven" has a clear path to become the most-valuable publicly traded company.
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Billionaires see better AI investment prospects with these two tech giants.
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A potential market downturn could create lucrative buying opportunities for some of technology's best stocks.
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These tech bellwethers pay above-average yields and can help grow your savings.
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QuantumScape could address several things hindering EV sales growth.
( 68
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A roughly 1,400-point, 8% tumble for the Nasdaq Composite over three trading sessions has made a trio of supercharged dividend stocks too enticing to pass up.
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Here's exactly how to protect your money amid market volatility.
( 68
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Super Micro Computer recently announced a 10-for-1 stock split.
( 69
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After a turbulent week in global markets, the worst of the selloff might be over but investors need to "keep the reins tight on big directional bets for now," Goldman Sachs global head of hedge fund coverage Tony Pasquariello said. In a client note issued on Wednesday seen by Reuters, Pasquariello called the week's moves in the market since Friday "a global margin call" and laid out where the markets are possibly headed from here. Investors are struggling to figure out if the wide stock market meltdown stoked by weak U.S. recession worries and an unwinding of yen-funded carry trades is over.
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Investors are tiptoeing back into shares of U.S. tech stocks following a sharp tumble, even as some still-elevated valuations threaten to punish dip buyers if markets stumble again. After a searing rally this year, the tech-heavy Nasdaq 100 is down more than 13% from an all-time high hit last month in a sell-off that has been blamed on everything from U.S. economic worries to the unwinding of a global yen-funded carry trade. The sell-off has made tech stocks less expensive based on price-to-earnings ratios, boosting their allure to investors who had previously been reluctant to jump aboard.
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ET earnings call for the period ending June 30, 2024.
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(Bloomberg) -- Asian equities were set to drop Thursday after a weak Treasury auction dealt a fresh blow to sentiment on Wall Street.Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskNew York City Paid $2 Million for Empty Hotel Rooms Meant for MigrantsNYC Subway Riders See ‘Exceptionally High’ Air PollutionFutures contracts for Japan, Austr
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Half Nederland zwijmelt weg bij het lief en leed van B&B Vol liefde. Daarbij kijken we vooral naar de deelnemers en hun gasten. Maar menigeen zal bij beelden van het Krugerpark of Saint-Geniez-ô-Merle denken: daar wil ik ook heen.
( 1
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Half Nederland zwijmelt weg bij het lief en leed van B&B Vol liefde. Daarbij kijken we vooral naar de deelnemers en hun gasten. Maar menigeen zal bij beelden van het Krugerpark of Saint-Geniez-ô-Merle denken: daar wil ik ook heen.
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Wie zijn huis wil verduurzamen kan vanaf november een hoger bedrag lenen. Dit komt doordat de leennormen worden verruimd. Dat melden de Nederlandse Vereniging van Banken (NVB) en de Vereniging van Financieringsondernemingen in Nederland (VFN).
( 1
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Vakantiegangers met een elektrische auto moeten deze zomer goed opletten voor extreem dure laadpalen. De ANWB waarschuwt voor laadplekken waarbij je niet alleen voor de stroom betaalt, maar ook voor de tijd dat je auto aan de stekker zit.
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Vakantiegangers met een elektrische auto moeten deze zomer goed opletten voor extreem dure laadpalen. De ANWB waarschuwt voor laadplekken waarbij je niet alleen voor de stroom betaalt, maar ook voor de tijd dat je auto aan de stekker zit.
( 1
min )
Philips heeft een Amerikaans onderzoekslab aansprakelijk gesteld voor een deel van de miljardenschade die het bedrijf heeft geleden doordat het miljoenen slaapapneuapparaten moest terugroepen. Volgens Philips komt een deel van die kosten door verkeerde tests van het lab.
( 1
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De Europese gasprijzen zijn gestegen naar het hoogste punt sinds begin december 2023. Dat gebeurde na berichten dat Oekraïne in de oorlog met Rusland een belangrijk punt voor de doorvoer van Russisch gas heeft ingenomen.
( 1
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HEMA-rookworsten worden binnenkort na meer dan tachtig jaar niet meer in de iconische rookworstenfabriek in Oss gemaakt. Vanaf komend najaar worden de worsten elders gemaakt. De winkelketen kwam er zakelijk niet uit met de eigenaar van de fabriek.
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Nederlandse bedrijven en instellingen zijn het afgelopen jaar minder productief geworden, meldt het CBS. Het statistiekbureau kwam zelfs uit op de grootste daling sinds 2009, toen de kredietcrisis de economie nog in de weg zat.
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After today's big sell-off, Luminar stock is down 74% in 2024.
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A weakening U.S. economy could reduce demand for the chipmaker's pricy AI chips.
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The stock has one of the highest yields on the S&P 500. How long will it last?
( 67
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Lumen missed earnings expectations, but it actually had some great news for investors.
( 66
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Walgreens Boots Alliance said on Wednesday it was exploring options to sell a part, or all of its VillageMD business.
( 65
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Recent losses for Nvidia and Advanced Micro Devices shares could offer an opportunity for investors to buy the dip, with the chipmakers set to gain from surging AI demand, Piper Sandler analysts said.
( 66
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(Bloomberg) -- Cathie Wood scooped up shares of tech firms caught in crushing market rout, just as her flagship fund sank to a new 2024 low. Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskNew York City Paid $2 Million for Empty Hotel Rooms Meant for MigrantsNYC Subway Riders See ‘Exceptionally High’ Air PollutionWood’s ARK Innovation ETF
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“Eventually, I have to leave—I know that,” said Dimon.
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OpenAI is now worth about the same as the semiconductor company.
( 67
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Intel was sued on Wednesday by shareholders who said it fraudulently concealed problems that led to weak second-quarter results, and prompted the Silicon Valley chipmaker to suspend its dividend and to plan cutting its workforce by 15%. The proposed class action filed in San Francisco federal court seeks unspecified damages. Intel Chief Executive Patrick Gelsinger and Chief Financial Officer David Zinsner are also defendants.
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Saving $1 million or more for retirement is a goal that many aspire to achieve. However, according to Smart Asset, only around 10% of retirees reach this milestone. The majority of retirees have far less saved. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? A billion-dollar investment strategy with minimums as low as $10 — you can become part of the next big real estate boom today. Will the surge continue or decline on real estate prices? P
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Occidental Petroleum reported a rise in second-quarter profit on Wednesday, as the oil and gas firm benefited from higher oil production and crude prices. The company posted profit of $992 million, or $1.03 per share, for the quarter ended June 30, compared with $605 million, or 63 cents per share, a year earlier.
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Super Micro Computer shares plunged on Wednesday after the company released weaker-than-expected earnings and announced a 10-for-1 stock split. Here's what analysts are saying about what comes next.
( 66
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A federal judge ordered Ripple to pay $125 million in civil penalties and imposed an injunction against future securities law violations on Wednesday.
( 66
min )
The AI server maker missed on the bottom line in its quarterly earnings report.
( 67
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Sam Dogen retired early at 34 and returned to work after a decade, but the micromanagement and stress led him to retire again after four months.
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The family of a French explorer who died in a submersible implosion have filed a wrongful death lawsuit seeking more than $50 million that accuses the sub’s operator of gross negligence. Paul-Henri Nargeolet was among five people who died when the Titan submersible imploded during a voyage to the famed Titanic wreck site in the North Atlantic in June 2023. No one survived the trip aboard the experimental submersible owned by OceanGate, a company in Washington state that has since suspended operations.
( 68
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Find the latest Linde plc (LIN) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
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(Bloomberg) -- Traders whipsawed by the stock market’s gyrations are bracing for more bouts of volatility in the coming sessions, starting with Thursday’s report on US jobless claims.Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskNew York City Paid $2 Million for Empty Hotel Rooms Meant for MigrantsParis Spent €1.4 Billion to Clean Up the
( 67
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Not every dream house has a dream outcome. Billionaire Sun Microsystems co-founder Scott McNealy has sold his Silicon Valley home at a deep discount to its original asking price. The San Francisco Standard reported that the five-bedroom mansion in ...
( 68
min )
The probe focuses on JPMorgan, Bank of America and Wells Fargo among other large banks, the report said, citing people familiar with the matter. JPMorgan last week had disclosed in a filing that it was responding to the CFPB's inquiries regarding Zelle and was considering whether to sue a U.S. consumer watchdog over the agency's inquiries.
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Lyft, Inc (NASDAQ:LYFT) reported its second-quarter financial results on Wednesday. It reported adjusted EPS of $0.24, which beat the analyst consensus estimate of $0.19. Quarterly sales were $1.44 billion, beating the analyst consensus estimate of $1.39 billion and representing a 41% increase year over year. Rival Uber Technologies, Inc (NYSE:UBER) reported fiscal second-quarter 2024 revenue growth of 16% year-on-year to $10.70 billion, beating the analyst estimate of $10.57 billion. Uber opera
( 67
min )
Eli Lilly and Company (NYSE:LLY) is expected to release earnings results for its second quarter, before the opening bell on Thursday, Aug. 8. Analysts expect the Indianapolis-based company to report quarterly earnings at $2.60 per share, up from $2.11 per share in the year-ago period. Eli Lilly is projected to post revenue of $9.92 billion, compared to $8.31 billion a year earlier, according to data from Benzinga Pro. Some investors may be eyeing potential gains from the company's dividends. Eli
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Buy these blue-chip stocks to protect your portfolio in the short term and build wealth over the long term.
( 68
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Billionaire investor and PayPal co-founder Peter Thiel played a pivotal role in launching J.D. Vance's venture capital career in 2016. Thiel, known for his influential presence in Silicon Valley, brought Vance into Mithril Capital Management, a venture capital (VC) firm he founded. The opportunity came shortly after Vance gained national attention for his memoir "Hillbilly Elegy," which portrayed the struggles of the white working class in America's Rust Belt. The memoir's success positioned Van
( 67
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During the premarket session on Wednesday, CVS Health Corp (NYSE:CVS) stock fell after the company reported mixed second-quarter earnings and cut annual profit guidance. The stock has been volatile since. The company reported second-quarter sales of $91.23 billion, missing the consensus of $91.51 billion. Total revenues increased 2.6%, primarily driven by growth in the Health Care Benefits and Pharmacy & Consumer Wellness segments, partially offset by a decline in the Health Services segment. Ad
( 67
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Warren Buffett’s legendary success as an investor owes much to a straightforward yet powerful approach: dividend reinvestment programs (DRIP). This strategy harnesses the power of compounding by reinvesting dividends into the stock, creating a ...
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These three Nasdaq stocks saw price drops of more than 35% last month. Are they good buys or too risky to touch today?
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Walt Disney Co (NYSE:DIS) reported fiscal third-quarter 2024 revenue growth of 4% year-on-year to $23.16 billion, marginally beating the analyst consensus estimate of $23.11 billion. Adjusted EPS of $1.39 beat the analyst consensus estimate of $1.20. Segments: Entertainment revenue increased by 4% year over year to $10.58 billion, mainly driven by subscription revenue growth due to price increases and customer growth for Disney+ Core, CNBC reports. Sports revenue grew 5% year over year to $4.56
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As the U.S. housing market cools following a sour jobs report last week, data suggests a growing trend of price cuts across the country. However, some industry experts argue that more reductions are necessary to restore balance and affordability to a market marred by high prices, rates, and low inventory. According to a new report from Realtor.com, the share of home listings with price reductions reached a two-year high in July, increasing by 3.4% compared to the previous year. That brings the t
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This stalwart can provide steady returns for shareholders over the long term.
( 69
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Wood is known for her focus on investing for the long term...
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Find the latest MSCI Inc. (MSCI) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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Should investors buy Nvidia following its recent pullback in anticipation of more gains over the next year?
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Shopify beat analysts' estimates for quarterly revenue on Wednesday, as the Canadian company's artificial intelligence-powered tools helped pull in more merchants to its e-commerce services. The company reported second-quarter revenue of $2.05 billion, compared with analysts' average estimate of $2.01 billion, according to LSEG data.
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The interest rate for the most popular U.S. home loan plunged last week to its lowest level in 15 months, after the Federal Reserve signaled it could start cutting its policy rate in September, and a downshift in the job market bolstered financial market bets the cuts would be big. The average contract rate on a 30-year fixed-rate mortgage dropped 27 basis points in the week ended Aug. 2, to 6.55%, the Mortgage Bankers Association said on Wednesday.
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Find the latest Bank of America Corporation (BAC) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
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Imagine that you’re 68 years old and have a long-term care insurance policy in place that will help you pay for this all-important type of care later in life. You pay $600 per month in premiums and tell yourself it’s a good investment, considering how expensive long-term care can be. Consider working with a financial […] The post I'm 68 and My Long-Term Care Insurance Now Costs $600 Per Month. Is This Too Much? appeared first on SmartReads by SmartAsset.
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Do withdrawals from my pre-tax IRA and/or 401(k) accounts made before I turn 73 count toward my RMDs? Or do RMDs start at 73 without regard to prior withdrawals? I'm 70 now and still working and collecting Social Security, but plan to retire in 2024. – Luis Unfortunately, withdrawals from an IRA or 401(k) before […] The post Ask an Advisor: Do IRA Withdrawals Before I Turn 73 Count Toward My RMDs? appeared first on SmartReads by SmartAsset.
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CVS Health has chopped its 2024 forecast for a third time as the health care giant continues to struggles with its health insurance business. The leader of that segment, Executive Vice President Brian Kane, has left the company, CVS said Wednesday, and CEO Karen Lynch is taking over leadership of the insurance business. CVS Health now expects adjusted per-share earnings for the year to be between $6.40 and $6.65.
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This is what a broken company looks like.
( 69
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Find the latest Offerpad Solutions Inc. (OPAD) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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Shares are still tanking after the global system outage in July. But can this embattled company recover?
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Wall Street's main indexes ended Tuesday with healthy gains after comments from Federal Reserve officials eased worries of a U.S. recession following weak economic data last week. Super Micro Computer fell 12.7% after reporting quarterly adjusted gross margin below estimates. Rival Dell Technologies dropped 2.4%.
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(Bloomberg) -- It only takes a quick glance at the US bond curve to realize something is off. One Treasury security — the 20-year — is detached from the rest of the market. It hovers at yields that are far higher than those on the bonds surrounding it — the 10-year and the 30-year.Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent
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This Vanguard ETF offers investors a shelter in the storm.
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Hint: It's not Nvidia, Chipotle, or Walmart.
( 67
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I have my eyes on these top stocks.
( 68
min )
There are blue-chip bargains paying large and growing dividends in the healthcare space.
( 68
min )
The semiconductor giant's AI business is booming.
( 68
min )
The largest corporate holder of Bitcoin is set to conduct a historic stock split.
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According to Jensen Huang and Cathie Wood, artificial intelligence (AI) software could be far more valuable than AI chips.
( 69
min )
Buffett's sale of Apple raises questions with the company potentially on the verge of an AI-driven iPhone upgrade supercycle.
( 68
min )
Shares of Amazon and Apple have declined amid recent market turbulence, but only one stock is worth buying at its current price.
( 69
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This chipmaker has a lot of incredible opportunities for growth.
( 68
min )
An 8% tumble spanning three trading sessions in the growth-focused Nasdaq Composite has opened the door to some phenomenal bargains.
( 69
min )
SunPower, a leading residential solar installer, has encountered a “severe liquidity crisis” and must sell its assets to pay down more than $2 billion in debts, company officials said.
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European shares opened higher on Wednesday, as a slew of upbeat corporate earnings lifted sentiment, although gains were capped after heavyweight Novo Nordisk missed estimates for its second-quarter operating profit. The continent-wide STOXX 600 was up 0.5% at 491.07 points, as of 0712 GMT. The healthcare sub-index lost 0.7%, the most among regional sectors.
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Shares Fell 13% in Extended Trading Tuesday
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This marks the first-ever stock split for the AI-centric server specialist.
( 69
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(Bloomberg) -- Stocks in Asia are set to resume declines following a frenzy of dip buying that fueled a rebound in most markets across the globe on Tuesday. US futures fell in early trading.Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNew York City’s Outdoor Dining Sheds Will Start DisappearingSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent €1.4 Billion t
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Amgen shares fell 5% Wednesday after the drug developer lowered its full-year earnings guidance.
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The S&P 500 lost 0.8% on Wednesday, Aug. 7, 2024, as the prior day's stock market rebound failed to maintain its momentum.
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Recent losses for Nvidia and Advanced Micro Devices shares could offer an opportunity for investors to buy the dip, with the chipmakers set to gain from surging AI demand, Piper Sandler analysts said.
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Cybersecurity firm Fortinet topped quarterly sales and profits, boosted by record operating margins, and its shares skyrocketed.
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Global Payments was among the S&P 500’s brightest stars Wednesday after a second-quarter revenue beat and a dose of optimism about the company’s streamlining efforts.
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Super Micro Computer shares plunged on Wednesday after the company released weaker-than-expected earnings and announced a 10-for-1 stock split. Here's what analysts are saying about what comes next.
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Hilton reported second-quarter earnings that missed analysts' estimates and trimmed its full-year earnings outlook amid concerns about softening demand.
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Apartment giant Equity Residential has agreed to pay Blackstone Real Estate $964 million for 11 properties in its targeted Atlanta, Dallas/Fort Worth, and Denver markets.
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Shopify stock surged Wednesday after delivering second-quarter results that surpassed analysts' expectations and issuing strong current-quarter guidance.
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Axon Enterprise's second-quarter sales jumped and the TASER maker raised its full-year guidance on demand for its services.
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Charles River Laboratories shares sank Wednesday after the company said it expects to post a decline in sales for the full fiscal year, instead of growth.
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The Cboe Volatility Index (VIX) was one of the few market indexes in the green amid Monday's rout, sending VIX ETFs skyrocketing. Here, we take stock of what VIX ETFs are and what use they are as a hedge against selloffs.
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U.S. equities gained at midday Wednesday after a slew of stronger-than-expected earnings reports.
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Refinance Applications Last Week Hit Their Highest Level in Two Years
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It was a second straight day of monster gains for Lumen Technologies shares as the telecom company benefited from soaring AI demand.
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Shares of the New York Times Co. rose in intraday trading Wednesday as the media outlet surpassed 10 million digital subscribers, powering a second-quarter earnings beat.
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Rivian Automotive's second-quarter loss increased as it continued to lose money on each electric vehicle it sells.
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Lyft shares plunged in intraday trading Wednesday as disappointing guidance outweighed the ridesharing company's first quarterly profit and record ridership numbers.
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Airbnb shares tumbled Wednesday, a day after warning about slowing U.S. demand in its second-quarter earnings report.
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Disney shares dropped Wednesday as the entertainment giant reported better third-quarter results than analysts had expected, but also warned that lower demand for in-person experiences could continue.
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Japan's Nikkei closed higher Wednesday, Europe's Stoxx 600 benchmark is gaining, and U.S. stock futures are rising after the Bank of Japan calmed investor fears of the unwinding of the carry trade and said it wouldn't raise interest rates while capital markets were "extremely volatile."
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Ozempic and Wegovy maker Novo Nordisk reported second-quarter sales and profits that fell short of analysts' estimates.
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News of the day for August 7, 2024
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Stock Up 15% in Premarket Trading Wednesday
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Shares Fell 13% in Extended Trading Tuesday
( 22
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De meeste kledingfabrieken in het door uit de hand gelopen protesten geteisterde Bangladesh openen de deuren weer. De fabrieken zijn samen goed voor zo'n 90 procent van de totale textielproductie.
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Disney kampt met tegenvallende bezoekersaantallen in de Amerikaanse pretparken. Het amusementsbedrijf maakt wel voor het eerst winst met zijn streamingdiensten. Ook de filmstudio presteerde boven verwachting.
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Chinezen hebben afgelopen maand voor het eerst meer elektrische dan fossiele auto's aangeschaft, blijkt uit branchecijfers. China is een van de grootste automarkten ter wereld.
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De vraag naar afslankmiddelen en obesitasmedicijnen groeit zo hard, dat het Deense Novo Nordisk moeite heeft om die bij te benen. Daarom stelt de farmaceut tot onvrede van beleggers de verwachtingen voor de winst van dit jaar naar beneden bij.
( 1
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Privacytoezichthouder AP heeft meerdere meldingen binnengekregen van datalekken die ontstonden nadat medewerkers persoonsgegevens van klanten en patiënten met een AI-chatbot hadden gedeeld. Niet alle organisaties zijn zich ervan bewust dat chatbots die informatie kunnen bewaren.
( 1
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De loonstijgingen blijven dit jaar aan de hoge kant. In de eerste zeven maanden was er sprake van een stijging van gemiddeld 5,2 procent. Dat is nog steeds historisch hoog, maar een stuk lager dan vorig jaar, toen de loonstijging uitkwam op 7,1 procent.
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Het verkoopverbod van tabaksproducten voor Nederlandse supermarkten doet Albert Heijns moederbedrijf Ahold Delhaize pijn, maar toch zijn de verkopen in het tweede kwartaal opgelopen. Ook maakte het bedrijf meer winst.
( 1
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ABN AMRO bleef in het tweede kwartaal van 2024 goed verdienen aan rente-inkomsten, maar toch is de nettowinst tussen april en juni gezakt naar 642 miljoen euro. In dezelfde periode in het recordjaar 2023 was dat nog 870 miljoen euro.
( 1
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De Chinese economie houdt last van binnen- en buitenlandse tegenwind. De export groeide in juli minder hard dan gedacht en dan zijn er ook nog nieuwe handelsbelemmeringen uit de Verenigde Staten aanstaande. Ook kampt het land nog steeds met een vastgoedcrisis.
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De oppervlakte van de Nederlandse kersenteelt is in de afgelopen 24 jaar verdrievoudigd. Dit jaar groeien de rode vruchten op bijna 560 hectare landbouwgrond, terwijl dat in 2000 nog maar 198 hectare was.
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Here's what experts say happened over the past few days and what lies ahead for the crypto markets as the U.S. navigates fears of economic uncertainty.
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Super Micro Computer reported fiscal fourth-quarter earnings that missed analysts' estimates and announced a 10-for-1 stock split.
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The Walt Disney Company’s various streaming services will get more expensive starting in mid-October, the company announced Tuesday.
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Reddit beat second-quarter expectations on the top and bottom lines as its advertising revenue surged.
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The social media platform X sued an advertisers group on Tuesday over what the lawsuit calls an "illegal" boycott of X for ad spending.
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The S&P 500 rebounded on Tuesday, Aug. 6, 2024, adding 1% to notch its first positive session since economic concerns began roiling markets last week.
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Google said it plans to appeal after a judge ruled its Google Search violates antitrust laws, which have implications for other big tech cases.
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Microsoft said in a letter Tuesday that Delta ignored or refused several offers for assistance in the days after last month's technical outage as the airline canceled thousands of flights.
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Palantir shares surged Tuesday after the company's earnings beat driven by AI demand, leading some analysts to lift their price targets for the stock, while others raised concerns about the sustainability of recent growth.
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CVS Health reports second-quarter earnings ahead of the opening bell Wednesday, after its first-quarter results sent the company's stock to its worst day of the year.
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Shares of Royal Caribbean Cruises jumped Tuesday after JPMorgan analysts called it “best in class” among the cruise line operators.
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Shares of Yum! Brands, the company behind Pizza Hut, KFC, and Taco Bell, rose in intraday trading Tuesday as executives said consumers looking to make the most of their money are driving sales higher at Taco Bell.
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Spot ether exchange-traded funds (ETFs) reported their second-best day of inflows on Monday, even as ether prices crashed amid a broader market rout.
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U.S. stocks tumbled Monday amid a global equities selloff that was in part fueled by the rapid unwinding of a popular trade that relies on rock-bottom Japanese interest rates. Here's what you need to know about the so-called 'carry trade.'
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Lucid Group shares rose Tuesday after the company posted second-quarter results late Monday and announced $1.5 billion in funding commitments from an affiliate of the Saudi Arabia's Public Investment Fund.
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Duke Energy beat second-quarter earnings and revenue estimates on higher rates and sales volumes, as well as favorable weather.
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Kenvue shares surged in intraday trading Tuesday after the company affirmed its full-year guidance that topped analysts' expectations.
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U.S. equities rallied Tuesday after Monday's big sell-off amid worries about the health of the U.S. economy.
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CrowdStrike shares rose Tuesday as Piper Sandler analysts said they believe it's a good time to buy the stock ahead of a likely recovery.
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The U.S. trade deficit narrowed by 2.5% in June, though economists were expecting it to fall further. Exports ticked up while imports fell amid weaker domestic demand.
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Hyatt Hotels reported higher-than-expected second-quarter profit as revenue per available room (RevPAR) grew 4.7% year-over-year.
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Fox Corporation shares gained Tuesday after the media company reported better-than-expected earnings, driven by growth in affiliate fees and its Tubi free TV and movie streaming service.
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Nvidia shares rebounded in early trading Tuesday after reports its Blackwell AI chip will be delayed sent the stock tumbling, as bullish analysts highlighted the chipmaker's long-term strength.
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Tempur Sealy said second-quarter sales in the U.S. were hurt by macroeconomic pressures on consumers.
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Lumen Technologies shares soared Tuesday, a day after it said it secured $5 billion in new business because of booming demand for AI connectivity.
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Uber shares surged Tuesday after the company's second-quarter profits more than doubled year-over-year and gross bookings and revenue also surpassed analysts' expectations.
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Japan's Nikkei rebounded Tuesday, closing up 10% after tanking 12% yesterday, the index's worst day since 1987.
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Caterpillar shares are rising in premarket trading Tuesday after the company's second-quarter profits beat analysts' estimates despite lower sales than expected.
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Shares are Down 26% From Record Close
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News of the day for August 6, 2024
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Shares Surged More Than 12% in Extended Trading on Monday
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Three out of five Americans believe that the U.S. economy is in a recession—even though it isn't—because of their personal financial issues.
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Super Micro Computer reported fiscal fourth-quarter earnings that missed analysts' estimates and announced a 10-for-1 stock split.
( 66
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A downbeat new take on the company from an analyst was only the latest blow to its share price.
( 66
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Costco's return policy is extremely flexible. But read on for some exceptions to that rule.
( 67
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(Bloomberg) -- Super Micro Computer Inc. reported quarterly revenue and profit that missed analysts’ estimates, outweighing an annual sales outlook that was billions above Wall Street projections.Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNew York City’s Outdoor Dining Sheds Will Start DisappearingSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent €1.4 Bil
( 67
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Super Micro Computer forecast first-quarter revenue above estimates on Tuesday, betting on strong demand for its artificial intelligence servers amid a boom in the adoption of generative AI technology. The company expects net sales between $6 billion to $7 billion for the first quarter, compared to analysts' average estimate of $5.46 billion, according to LSEG data.
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CNBC Mad Money host Jim Cramer has said in the past that Republican presidential candidate Donald Trump is good for one’s investment portfolio. On Monday, the stock picker said a Trump White House could also be good for income earners. What Happened: “If you're in the stock market, if you care about your paycheck, you go with Trump,” Cramer said while appearing on Squawk Box. “That's what you do,” he said. Don't Miss: The average American couple has saved this much money for retirement — How do
( 68
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Iron Mountain Inc (NYSE:IRM) is a data storage REIT that is currently on investors' radar after the company posted solid second-quarter results and raised its quarterly dividend by 10%. Iron Mountain, which has a dividend yield of 2.68%, expects 2024 ...
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Lumen is one of the market's hottest stocks today thanks to some big AI news.
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“It’s a little bit like wanting to go to the emergency room for a cough,” El-Erian told Fortune.
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Broadcom stock is trading near a historically bullish trendline
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Tech stocks have had a rough few weeks in the market as investors look for signs of weakness in the AI-fueled tech boom. This prompts investors to seek stability in dividend-paying stocks with an established track record. Jim Cramer recently ...
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German drugstore chain Rossmann said on Tuesday it would no longer buy Tesla cars for its corporate fleet due to CEO Elon Musk's support for U.S. Republican presidential candidate Donald Trump. The drugstore chain, which is among the largest in Europe, said its decision was with immediate effect and due to what it called an "incompatibility" between statements by Musk and the values that Tesla represents.
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The global stock market rout has a long way to go, analysis by a Wall Street bank has indicated, as European markets once again turn negative.
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Can Apple's shares continue to beat the market?
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Vice President Kamala Harris hit the campaign trail with a clear message: her presidency will focus on building the middle class. Harris has held fast, reiterating to a rally in Wisconsin, "We believe in a future where every person has the opportunity not just to get by but to get ahead.” Harris aims to follow President Biden’s promise not to raise taxes for those earning less than $400,000 per year. This pledge is part of a broader strategy to position herself as a champion for working families
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Elon Musk's social media platform X has sued a group of advertisers, alleging that a “massive advertiser boycott” deprived the company of billions of dollars in revenue and violated antitrust laws. The company formerly known as Twitter filed the lawsuit Tuesday in a federal court in Texas against the World Federation of Advertisers and member companies Unilever, Mars, CVS Health and Orsted. It accused the advertising group's initiative, called the Global Alliance for Responsible Media, of helping to coordinate a pause in advertising after Musk bought Twitter for $44 billion in late 2022 and overhauled its staff and policies.
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Find the latest Fidelity National Information S (FIS) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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(Bloomberg) -- Microsoft Corp. said Delta Air Lines Inc. turned down repeated offers for assistance following last month’s catastrophic system outage, echoing claims by CrowdStrike Holdings Inc. in an increasingly contentious conflict between the carrier and its technology partners.Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNew York City’s Outdoor Dining Sheds Will Start DisappearingSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final N
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With company pensions fading away, Social Security facing potential cuts, and inflation steadily increasing, taking charge of your financial future is more important than ever. The responsibility to save and invest enough for a comfortable retirement rests squarely on your shoulders. Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? Don’t miss out on the next Nvi
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Three depressed stocks with rising payouts are ready to follow their dividends higher.
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Global equity markets, commodities, and cryptocurrencies all crashed on Black Monday 2.0, and investors are worried about the unabated sell-off. Against this backdrop, social media tapped into sagacious comments from Amazon founder Jeff Bezos in the aftermath of the 2000 dotcom bubble burst to draw some encouragement. Don't Miss: Amid the ongoing EV revolution, previously overlooked low-income communities now harbor a huge investment opportunity at just $500. Here’s the AI-powered startup that t
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Donald Trump, the Republican presidential nominee, has promised to cut taxes on Social Security, aiming directly at the 67 million Americans who rely on those monthly benefits. "Seniors should not pay taxes on Social Security, and they won't," Trump announced at a campaign rally last week. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? Will the s
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The widely followed growth investor kicked off the new trading week by buying when others were selling.
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Lumen Technologies shares soared Tuesday, a day after it said it secured $5 billion in new business because of booming demand for AI connectivity.
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Eli Lilly is one of the most innovative pharmaceutical companies right now.
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Nvidia, Crowdstrike upgraded: Wall Street's top analyst calls
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Mortgage rates are falling, but with fears of a recession mounting, is it a good time to buy a house? Not necessarily, one expert says.
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The market has been seriously struggling lately. Here's what to do with your investments.
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On Thursday, Intel Corporation (NASDAQ: INTC) delivered a few bad news with its second quarter earnings. Missing analyst estimates across the board, Intel also provided a weak guidance as second-half of the year seems to be more challenging than previously expected. Intel’s disappointing report brought down other chip stock, including NVIDIA Corporation (NASDAQ: NVDA), Taiwan Semiconductor Manufacturing Company (NYSE: TSM) and ASML Holding (NASDAQ: ASML). A Disappointing Second Quarter Performan
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The chipmaker's stock has taken a deep dive, increasing the value of its shares.
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Crypto prices are down recently and the highly anticipated boost from the Bitcoin halving is nowhere to be seen. Here why you should see this price drop as a promising buy-in opportunity.
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Uber Technologies, Inc (NYSE:UBER) reported fiscal second-quarter 2024 revenue growth of 16% year-on-year to $10.70 billion, beating the analyst consensus estimate of $10.57 billion. Uber’s GAAP EPS of 47 cents beat the analyst consensus estimate of 31 cents. The stock gained after the report. Revenue from Mobility grew to $6.13 billion, up 25% year over year. Delivery was $3.29 billion, up 8%, and Freight was $1.27 billion, flat year over year. Gross Bookings grew 19% year-over-year to $39.95 b
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From $1,000 to a fabulous financial future: Learn the simple steps to making your first investment count in the stock market.
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Caterpillar shares are rising in premarket trading Tuesday after the company's second-quarter profits beat analysts' estimates despite lower sales than expected.
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Real estate investment trusts (REITs) offer a compelling opportunity for income-seeking investors. REITs own, operate, or finance income-generating real estate, allowing individuals to invest in various types of real estate without having direct ...
( 68
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These businesses are so strong that a stock split would just be icing on the investing cake.
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Exchange-traded funds can be good choices when you can't decide among several good companies.
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Thomas Salopek, head of cross-asset strategy at JPMorgan, says there are a number of signs that show the stock market has yet to bottom.
( 69
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Find the latest Intercontinental Exchange Inc. (ICE) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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These two are rock-solid businesses with strong dividend programs.
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The software company, originally focused on the U.S. government intelligence market, is rapidly expanding its commercial business.
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These two stocks can generate significant wealth for long-term investors.
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Analysts suggest such a deal, the largest since the Kraft-Heinz merger, could unleash industry consolidation.
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Analysts holding out for the Fed to rescue the stock market might be waiting in vain
( 68
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The artificial-intelligence market is just getting started. These companies are already benefiting from it.
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(Bloomberg) -- Christine O’Reilly was with friends in Miami, when one of her biggest clients at Citigroup Inc. kept buzzing her phone.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent €1.4 Billion to Clean Up the Seine. Has It Worked?Africa’s Richest City Needs $12 Billion to Fix InfrastructureBenjamin Waters, a t
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AMD, SentinelOne, and Innodata are all high-growth hidden gems in the AI market.
( 68
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Intel's situation might get worse before it gets better...
( 68
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The Nasdaq has historically rebounded quickly after closing in correction territory.
( 68
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Over a half-dozen top-tier billionaire money managers shunned Nvidia in the March-ended quarter in favor of three other rapidly growing artificial intelligence (AI) stocks.
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The dividend payments you can receive from these high-yield stocks are yours to keep, regardless of a market correction.
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SoFi stock continues to drop despite an impressive second-quarter report.
( 68
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A once-silent warning from the Oracle of Omaha has now become deafening.
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(Bloomberg) -- The market wipeout that swept through equities, bonds and currencies on Monday left just a few resilient pockets relatively unscathed. Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent €1.4 Billion to Clean Up the Seine. Has It Worked?Africa’s Richest City Needs $12 Billion to Fix InfrastructureThe
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Warren Buffett continued to trim Berkshire Hathaway's stake in Apple in the second quarter.
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The best way to handle the stock market plunge, according to experts? Ignore the selloff and keep investing.
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(Bloomberg) -- The recent unwinding in carry trade has more room to run as the yen remains one of the most undervalued currencies, according to JPMorgan Chase & Co. Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent €1.4 Billion to Clean Up the Seine. Has It Worked?Africa’s Richest City Needs $12 Billion to Fix Inf
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Warren Buffett’s conglomerate Berkshire Hathaway ($BRK.B) may have shocked some over the weekend when it was disclosed that it had cut its massive Apple (AAPL) stake in half as it released its latest round of quarterly earnings results. With a massive cash mountain that’s since grown to be even more towering, there are many unanswered questions when it comes to Berkshire, Apple, and the road ahead. Despite the giant question marks, I remain bullish on Berkshire Hathaway stock. As you’d expect, t
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Wall Street analysts are almost unanimous in their view that semiconductor giant Nvidia (NVDA) will rocket higher. However, options traders apparently have a different take, placing contrarian wagers against NVDA stock. The situation has now become a matter of which narrative investors trust more. In my opinion, the market is the ultimate arbiter, and it’s not giving the warm and fuzzies over the tech juggernaut. Therefore, I am bearish on NVDA. Pessimistic NVDA Stock Wagers Go Against the Tide
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Investors said the aftershocks of a massive carry trade that has reverberated through global financial markets wasn't done yet, with more unwinding in the days ahead raising the risk of shake-outs to other assets. Concerns about the markets were exacerbated by investors winding down yen-funded trades that had been used to finance the acquisition of stocks for years after a surprise Bank of Japan rate hike last week. The so-called 'carry trade' is commonly used in currency markets where investors borrow money from economies with low interest rates such as Japan or Switzerland, to fund investments in higher-yielding assets - this time stocks - elsewhere.
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Taiwan stocks jumped on Tuesday following a record plunge a day earlier, but shed some of the gains later in the morning amid lingering concerns over the outlook for the U.S. economy and tech companies. The main index jumped more than 4% in early trade to as high as 20,640.44 points, but quickly pared those gains to be up around 1.75% at 0230. Shares in the dominant technology stock TSMC, the world's largest contract chipmaker, climbed 5.6% after jumping more than 6% in early trade.
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Shares of San Jose, California-headquartered SunPower were down about 29% at 57 cents premarket on Tuesday. A stalking horse bid is used as a starting or minimally accepted offer that other interested bidders must surpass if they want to buy the asset or the company. California-based Complete Solaria, a solar technology, services, and installation company will acquire SunPower's Blue Raven Solar business, New Homes business, and non-installing Dealer network.
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(Bloomberg) -- SunPower Corp. has filed for bankruptcy in Delaware and plans to wind down operations, ending the decades-long run of the once-venerated US solar firm.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent €1.4 Billion to Clean Up the Seine. Has It Worked?Africa’s Richest City Needs $12 Billion to Fix In
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(Bloomberg) -- The numbers flashing on trading screens on Monday were shocking even to market veterans. Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent €1.4 Billion to Clean Up the Seine. Has It Worked?Africa’s Richest City Needs $12 Billion to Fix InfrastructureIn Tokyo, the Nikkei was down 12%. In Seoul, the K
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Shares Surged More Than 12% in Extended Trading on Monday
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Japan’s benchmark Nikkei 225 index soared more than 10% early Tuesday, a day after it set markets tumbling in Europe and on Wall Street. The scary Monday started with a plunge abroad reminiscent of 1987 ’s crash that swept around the world and pummeled Wall Street with more steep losses, as fears worsened about a slowing U.S. economy. On Monday, the S&P 500 dropped 3% for its worst day in nearly two years.
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(Bloomberg) -- Japan equities are set to regain some ground after suffering the biggest hit in Monday’s global rout, which wiped out billions across markets from New York to London. US equity futures climbed in early trading.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent €1.4 Billion to Clean Up the Seine. Has
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(Bloomberg) -- Japanese stocks surged after their plunge into a bear market during the previous day’s trading brought them down to key technical levels. Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent €1.4 Billion to Clean Up the Seine. Has It Worked?What a Beautiful Bus Stop Can DoThe Nikkei 225 Stock Average a
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(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. is being touted as a “top pick” by Morgan Stanley after its shares plunged by a record Monday amid the global stock rout.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent €1.4 Billion to Clean Up the Seine. Has It Worked?What a Beautiful Bus Stop Can Do“We like
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(Bloomberg) -- US stock futures rose, as dip buyers emerged after global equities witnessed a three-day selloff amid concerns of a possible slowdown in the world’s largest economy and extreme valuations in the technology sector.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent €1.4 Billion to Clean Up the Seine. H
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This blue chip snacking behemoth promises added stability to any portfolio. Now, it also offers its highest dividend yield in over a decade.
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(Bloomberg) -- Nvidia Corp. hit engineering snags in the development of two new advanced chips, slowing the release of some products designed to extend its lead in the market for artificial intelligence computing.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent €1.4 Billion to Clean Up the Seine. Has It Worked?Wh
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This technology ETF holds some of the world's leading artificial intelligence stocks, and it's crushing the return of the S&P 500.
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These three tantalizing stocks have hit a speed bump over the past year, but the future remains bright.
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Kun jij het grote publiek op een toegankelijke manier op de hoogte brengen van het laatste economische nieuws en daarbij benadrukken wat de impact is op de portemonnee van lezers? Kom dan de economieredactie van NU.nl versterken.
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Kun jij het grote publiek op een toegankelijke manier op de hoogte brengen van het laatste economische nieuws en daarbij benadrukken wat de impact is op de portemonnee van lezers? Kom dan de economieredactie van NU.nl versterken.
( 1
min )
Het van televisie bekende klusbedrijf Vloerloods is dinsdag failliet verklaard door de rechtbank in Overijssel. Vakbond CNV had het faillissement aangevraagd namens gedupeerde werknemers die intussen al maanden zonder salaris zitten.
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De Amerikaanse bouwmachinefabrikant Caterpillar heeft het afgelopen kwartaal minder machines verkocht. Hierdoor viel de omzet 4 procent lager uit dan een jaar eerder.
( 1
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Een relmuis heeft in de nacht van maandag op dinsdag een stroomstoring veroorzaakt op de luchthaven van Frankfurt. Het dier had aan een kabel in een middenspanningsstation geknaagd waardoor kortsluiting ontstond, meldt energiebedrijf Syna.
( 1
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Rabobank maakte in de eerste helft van 2024 meer winst. Dat kwam onder meer door een toename van de verdiensten via het uitlenen van spaargeld. De bank weet daar nog steeds meer geld mee te verdienen, ondanks dat de ECB onlangs is gestart met het verlagen van de rente.
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min )
Techbedrijf Google heeft in de Verenigde Staten de wet overtreden door een illegaal monopolie op te zetten. Het bedrijf investeerde miljarden dollars om 's werelds standaardzoekmachine te worden. Ook is Google zeer dominant op de online advertentiemarkt.
( 1
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Zalando heeft in het afgelopen kwartaal voor 3,8 miljard euro aan kleding, schoenen en andere artikelen verkocht. Dat is bijna 3 procent meer dan vorig jaar. Vooral meer sportartikelen gingen over de digitale toonbank, doordat kopers zich laten inspireren door sportevenementen.
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De Japanse aandelenbeurs veert dinsdag weer op na de schok van maandag. De hoofdindex Nikkei met de meest verhandelde aandelen is met ongeveer 8,9 procent gestegen. Dat is een behoorlijk herstel na de slechtste beursdag in 37 jaar tijd.
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Dat consumentenprijzen in juli met 3,7 procent opliepen, komt voor een groot deel door hogere huren en duurder tabak. Dat blijkt uit de definitieve inflatiecijfers van statistiekbureau CBS. Prijzen aan de pomp hadden juist een remmend effect op de inflatie.
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Intel stock sank to a new low on Monday, and the company has a lot of proving to do.
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(Bloomberg) -- Palantir Technologies Inc.’s stock jumped in extended trading after the company raised its annual outlook, citing continuing demand for its artificial intelligence software.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent €1.4 Billion to Clean Up the Seine. Has It Worked?New York City’s Outdoor Dining Sheds Will Start DisappearingWhat a Beautiful Bus Stop C
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Nvidia is the poster child for AI chips, but many competitors are emerging.
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Investors tend to buy a stock for two main reasons: capital appreciation and dividend yield. Those holding Intel (NASDAQ:INTC) may be disappointed on both counts. The stock is down over 55% during the past five years. Intel previously had a dividend ...
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Both of these stocks are experiencing problems, but one's are deep-rooted, while the other's look transitory.
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(Bloomberg) -- The numbers flashing on trading screens on Monday were shocking even to market veterans. Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeThe 5 Coastal States That Face the Most Devastating Flood RiskNew York City’s Outdoor Dining Sheds Will Start DisappearingParis Spent €1.4 Billion to Clean Up the Seine. Has It Worked?What a Beautiful Bus Stop Can DoIn Tokyo, the Nikkei was down 12%. In Seoul, the Kospi sank 9%. And when the op
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Intel shares dropped Monday, extending losses after last week's disappointing quarterly earnings report as analysts questioned whether the chipmaker's cost-cutting plans will be enough to drive a recovery.
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It's nail-biting time on Wall Street. Stocks had been dropping at worrisome rates for several days, but on Monday things went from concerning to panicky.
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Deals include one with tech giant Microsoft, which announced last month that it will use Lumen's network equipment to expand its capacity for AI workloads. Lumen, which provides secure digital connections for data centers, said on Monday that it is involved in active discussions with customers to secure sales opportunities worth an additional $7 billion. Lumen said that major corporations are rushing to secure high-capacity fiber, a resource that is becoming increasingly valuable and potentially scarce, due to growing AI requirements.
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The data analytics company also forecast third-quarter sales above estimates and reported its largest ever quarterly profit, in the April-to-June period, CEO Alex Karp said in a letter to shareholders. Its AI platform, used to test, debug code and evaluate AI-related scenarios, has enabled Palantir to tap into the surging demand for services that help companies develop generative AI technology. The company co-founded by billionaire Peter Thiel now expects annual revenue between $2.74 billion and $2.75 billion, compared with $2.68 billion to $2.69 billion expected earlier.
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Former President Donald Trump has pointed fingers at the current U.S. leadership for the global stock market sell-off. What Happened: Trump took to his social media platform Truth Social to express his views on the stock market’s downturn. He ...
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Adjusted earnings for the quarter were $0.87 billion (CAD 1.2 billion), or $0.42 (CAD 0.58) per common share.
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An unlikely catalyst half a world away helped spark a wide-ranging sell-off.
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Rising fears of a US recession, Japan's decision to raise interest rates and August volatility are all factors behind the stock market sell-off.
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Grant Cardone, a popular motivational speaker, social media influencer and real estate investor, recently sparked controversy with his remarks on income levels. In a YouTube short titled "Earning $400,000 a Year is Embarrassing," Cardone boldly claimed, "If I made $400 grand a year, I would be embarrassed with myself as a husband, a father, basically as a human being. $400 grand. How do you make sense of $35,000 a month? You guys haven't done the math. You have not done the math because you cann
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Worried about a slowing U.S. economy, investors sent the market in Japan to its worst day in decades and have sliced billions in market value off some of the world's biggest technology companies. For most of the year, investors worldwide drove stock markets higher, convinced that central banks were successfully, if haltingly, getting inflation under control, and buoyed by a healthy U.S. economy and the promise of artificial intelligence. In mid-July, the S&P 500, Nasdaq composite and Japan’s Nikkei 225 had risen to all-time highs.
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These are the upcoming stock splits for the week of August 5 to August 9, based on TipRanks’ Stock Splits Calendar. A stock split is a corporate action in which the company issues additional common shares to increase the number of outstanding shares. Accordingly, the stock price of the company’s shares decreases, which maintains the market capitalization before and after the split. In contrast, there are also reverse stock splits that reduce the number of outstanding shares (consolidate). In thi
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(Bloomberg) -- Longtime market and economy watcher Ed Yardeni said that the current global equities selloff bears some similarity to the 1987 crash, when the economy averted a downturn despite investor fears at the time.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeParis Spent €1.4 Billion to Clean Up the Seine. Has It Worked?What a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seek
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During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the ...
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As global markets plunged overnight, U.S. markets are feeling the impact. But does that mean we're heading into a recession?
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If you are one of those amateur investors who checks your 401(k) balance at every meal, today might be a good day to fast.
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Rudy Giuliani's financial situation has been a topic of much speculation since he filed for bankruptcy after a judge ruled last December that he owed $148 million in damages to two former Georgia election workers. Giuliani claimed to have assets between $1 million and $10 million against debts totaling an estimated $152 million. Despite this, the exact amount of his net worth remains uncertain. Don't Miss: The average American couple has saved this much money for retirement — How do you compare?
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Several online brokerage firms including Charles Schwab, Fidelity and Vanguard appeared to be down for thousands of users early Monday during one of the biggest stock markets sell-offs of 2024. “Due to a technical issue, some clients may have difficulty logging in to Schwab platforms,” Charles Schwab wrote on social media platform X Monday morning. Fidelity and Vanguard did not immediately return requests for comment Monday from The Associated Press.
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(Bloomberg) -- Charles Schwab Corp. and other retail brokerage users reported outages as a global stocks selloff surged when trading in the US market opened on Monday.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike NYC Deal to Scale Back Driver LockoutsMore than 14,000 users repo
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Discover the harsh realities behind this company's decline and what it means for investors.
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Chinese EV stocks Nio Inc (NYSE:NIO), XPeng Inc (NYSE:XPEV), and Li Auto Inc (NASDAQ:LI) are trading lower Monday after reports indicated the U.S. Commerce Department’s plans to ban Chinese software in autonomous and connected vehicles. Tesla Inc (NASDAQ:TSLA) is also trading lower by over 8% Monday. The U.S. government is weighing a prohibition on Chinese software in U.S. vehicles with Level 3 automation and above, banning the testing of autonomous vehicles produced by Chinese companies on U.S.
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Advanced Micro Devices is going after Nvidia in the data center, but it already leads another segment of the fast-growing artificial intelligence (AI) industry.
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(Bloomberg) -- As the selloff in global stocks intensified Monday, JPMorgan Chase & Co.’s trading desk said the rotation out of the technology sector might be “mostly done” and the market is “getting close” to a tactical opportunity to buy the dip.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber
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Tesla Inc. (NASDAQ:TSLA) and SpaceX CEO Elon Musk has commented on Warren Buffett-led Berkshire Hathaway, Inc.‘s (NYSE:BRK) (NYSE:BRK) decision to sell about half its stake in Apple Inc. (NASDAQ:AAPL). What Happened: Over the weekend, a user on X, formerly Twitter, shared the news of Berkshire accumulating a cash reserve of almost $277 billion on the platform. Don't Miss: A billion-dollar investment strategy with minimums as low as $10 — you can become part of the next big real estate boom today
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NASDAQ, Dow Jones and other stock indexes are set to open sharply lower after global markets plunged overnight amid investor fears about U.S. economy.
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These classic food brands are paying high yields -- a rare opportunity for income investors.
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(Bloomberg) -- The Federal Reserve should make a 75 basis-point emergency cut to its funds rate, followed by another of the same magnitude at its September meeting, Wharton School Professor Jeremy Siegel said.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike NYC Deal to Scale Back
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min )
High-performing shares of Alphabet, Amazon, Meta Platforms, Microsoft and Tesla fell as much as 12.2% in premarket trading. Chip stocks, the big winners of Wall Street's picks and shovels trade for AI, also tumbled, with Advanced Micro Devices, Intel, Super Micro Computer and Broadcom falling as much as 10.3%.
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AI stock prices are suddenly falling. Here's how to take advantage of the sell-off.
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Find the latest HireQuest, Inc. (HQI) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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News of the day for August 5, 2024
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Find the latest 3M Company (MMM) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
min )
Find the latest Cboe Global Markets, Inc. (CBOE) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
min )
U.S. Treasury yields tumbled on Monday as traders moved to price in big rate cuts from the Federal Reserve, after weak jobs data stoked worries that the U.S. economy could be heading for a recession. The two-year U.S. Treasury yield, which is sensitive to Fed rate expectations, dropped to 3.691% in European trading, its lowest since May last year. It was last down 10 basis points (bps) at 3.77%.
( 67
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Managing your taxes can be one of the most complex aspects of estate planning and a new IRS rule change continues that trend. The rule, published at the end of March, changes how the step-up in basis applies to assets held in an irrevocable trust. If you need help interpreting the IRS rule change or setting […] The post Want to Leave Assets to Heirs? IRS Rule Change Should Have You Rethinking Your Irrevocable Trust appeared first on SmartReads CMS - SmartAsset.
( 27
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Find the latest T-Mobile US, Inc. (TMUS) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 47
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Learn how to turn a stock market sell-off into your advantage.
( 68
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Shares of this industry leader have lost investors money in the past five years.
( 68
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Rate cuts are likely to spark a rotation in the stock market. Here's how to capitalize on it.
( 68
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It's not all about "Magnificent Seven." These three under-the-radar bargains are potential market-beaters hiding in plain sight.
( 69
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Recent market pressure could worsen, but that won't stop these successful businesses from raising their dividend payouts.
( 68
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This midstream leader checks off several boxes.
( 67
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Now could be a great time for income investors to scoop up these stocks.
( 62
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It's time to be greedy with these Nasdaq stocks while other investors are fearful.
( 68
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Why did the stock price drop so much?
( 68
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The Oracle of Omaha has sold shares of Bank of America stock for 12 consecutive sessions, and it likely speaks to a bigger problem on Wall Street.
( 70
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Expectations are high for Nvidia's Aug. 28 earnings report after the company posted triple-digit growth over the last year.
( 67
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Three of Wall Street's top-performing stock-split stocks may soon come crashing back to reality.
( 70
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The underdog chipmaker still has a bright future.
( 68
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The stocks have underperformed in 2024, but they all have great long-term growth prospects and investors should look at buying them on a dip.
( 68
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Nvidia earlier said it expects revenue from Blackwell as soon as this year.
( 68
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Leading energy companies have improved their balance sheets and are raising their dividends.
( 70
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(Bloomberg) -- A global equity selloff gripped emerging markets Monday as shares in the technology hubs of Taiwan and South Korea plunged, leading the broad MSCI benchmark for the asset class down by the most in more than two years.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike
( 66
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(Bloomberg) -- The shares of Apple Inc.’s suppliers slumped after Berkshire Hathaway Inc. nearly halved its stake in the iPhone maker. The decline came amid a broad market selloff Monday.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike NYC Deal to Scale Back Driver LockoutsTaipei-
( 26
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(Bloomberg) -- Asian markets are poised for losses on Monday as fears of a deeper economic slowdown unnerve traders also bracing for more volatility from rising tensions in the Middle East. Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike NYC Deal to Scale Back Driver LockoutsUS f
( 69
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(Bloomberg) -- Taiwan’s benchmark stock index plunged by a record, as the tech-heavy gauge took the brunt of a selloff triggered by fear of a deeper US economic slowdown.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike NYC Deal to Scale Back Driver LockoutsThe Taiex gauge ended 8.
( 66
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(Bloomberg) -- Turmoil in Japan’s financial markets intensified Monday as the yen extended its rebound against the dollar to almost 13% from July’s low and stocks headed for a bear market. Yields on benchmark Japanese government bonds tumbled by the most in two decades. Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake
( 67
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Japan’s Nikkei 225 share index plunged 8.1% on Monday on heavy selling triggered by worries the U.S. economy may be in worse shape than had been expected. The Nikkei index was down more than 2,900 points at 32,991.88 by midafternoon Monday in Tokyo. Share prices have fallen in Tokyo since the Bank of Japan raised its benchmark interest rate on Wednesday.
( 66
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(Bloomberg) -- Asian stocks tumbled at the start of a new week as fears of a deeper US economic slowdown and rising tensions in the Middle East prompted investors to shun risk assets.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityA Radical Fix for Britain’s Housing Crisis: A New Offshore CityEquity
( 68
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(Bloomberg) -- The swift downturn in the Japanese stock market likely triggered a massive wave of forced selling among retail investors, deepening the rout.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityA Radical Fix for Britain’s Housing Crisis: A New Offshore CityThe Topix index plunged more than
( 67
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(Bloomberg) -- Japan’s equity rout entered a third day as weak US jobs data added another blow to global investor confidence that is already fragile from the surge in the yen, higher interest rates and tensions in the Middle East. Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityA Radical Fix for Brit
( 67
min )
(Bloomberg) -- A stocks selloff worsened on Monday as concerns grew that the Federal Reserve will delay acting on a slowing US economy. Japanese shares plunged for a third day as traders priced in more domestic rate hikes.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityA Radical Fix for Britain’s Hou
( 68
min )
Japan's benchmark Nikkei 225 stock index plunged 6.7% Monday, extending sell-offs that began last week. The Nikkei had shed more than 2,400 points to 33,488.08 about a half-hour after opening. Stocks tumbled Friday on worries the U.S. economy could be cracking under the weight of high interest rates meant to whip inflation.
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Google violated antitrust laws by maintaining an illegal monopoly in search, a federal judge ruled Monday.
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San Francisco Fed President Mary Daly said that the labor market is in a slowdown and that interest rate cuts were likely to come, though she didn't comment on possible timing or size.
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Recent Weakness May Have Presaged Monday's Pullback in Stocks
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The S&P 500 dropped 3% on Monday, Aug. 5, 2024, as concerns about the U.S. economy after Friday's weaker-than-expected jobs report spilled over into the new trading week.
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Investors who bet big on tech stocks rebounding from a tough July are seeing their money evaporate in the current meltdown.
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The U.S. tech sector took a massive hit Monday, with the so-called Magnificent Seven stocks extending a weeks-long slide that has erased nearly $3 trillion in cumulative market value.
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Palantir shares jumped in extended trading Monday after the company reported better-than-expected quarterly results and lifted its full-year guidance on strong demand for its artificial intelligence platform.
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Intel shares dropped Monday, extending losses after last week's disappointing quarterly earnings report as analysts questioned whether the chipmaker's cost-cutting plans will be enough to drive a recovery.
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Episode 199 of the Investopedia Express podcast with Caleb Silver (August 5, 2024)
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Data released Monday showed that the U.S. services sector grew more than expected in July, boosted by increased hiring and more new orders. The numbers Monday stand in contrast to recent weak economic readings on manufacturing and the labor market.
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Elon Musk filed a new lawsuit against ChatGPT maker OpenAI and its CEO Sam Altman, accusing them of deceiving Musk and abandoning the non-profit's mission.
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Super Micro Computer reports fiscal fourth-quarter earnings on Tuesday, with investors likely watching for signs of strong artificial intelligence (AI) demand and updates on the server maker's Nvidia partnership.
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A federal judge signed off on the bankruptcy of the former owner of the failed Silicon Valley Bank, SVB Financial Group.
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The risk of a U.S. recession in 2025 remains limited but the odds are rising, according to Goldman Sachs analysts who now a 25% chance of one.
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Shares of The Carlyle Group dropped in intraday trading Monday after the private-equity firm reported lower-than-expected distributable earnings.
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Fund managers were more likely to pick a winning stock in July than at any other point in the last 20 years, and yet most didn’t, according to data from Bank of America Securities.
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Bitcoin briefly plummeted below $50,000 Monday as U.S. economic fears spread the market rout beyond stocks, leading to about $1.2 billion in crypto liquidations over the past 24 hours.
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Chicago Fed President Austan Goolsbee told CNBC that the Federal Reserve would respond if economic or financial conditions deteriorate, though he sidestepped questions on how soon or deep the interest rate cuts might be.
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U.S. equities plunged at midday Monday, extending their sell-off on worries about the U.S. economy following last week’s weaker-than-expected jobs report.
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American Depositary Receipts (ADRs) of Chinese electric vehicle makers Nio and Li Auto fell Monday following indications the U.S. will ban the use of Chinese software in autonomous and connected vehicles in the coming weeks.
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Warren Buffett's Berkshire Hathaway revealed over the weekend that it reduced its stake in Apple by nearly 50% during the second quarter.
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Clients of Fidelity and Charles Schwab faced issues logging in and placing trades on their brokerage platforms Monday as the sell-off in stocks intensified.
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Freshpet narrowed its second-quarter loss and posted better-than-expected sales as demand for its specialty pet food rose.
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Nvidia shares tumbled Monday after reports that its next-gen artificial intelligence chip launch will be delayed, amid a global sell-off fueled by worries about the U.S. economy.
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BioNTech posted a much bigger-than-expected second-quarter loss Monday as demand for COVID-19 vaccines slid following the ending of the pandemic.
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Tyson Foods reported better third-quarter revenue than analysts had expected Monday as the packaged foods giant saw beef and pork sales rise year-over-year.
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One measure of stock market volatility surged to its highest level since the early days of the Covid-19 pandemic on Monday morning as stocks across the globe continued to suffer big losses.
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Kellanova shares are jumping in premarket trading Monday on a report that candy giant Mars is in advanced talks to buy the maker of Pop-Tarts and Pringles in what could be one of the biggest M&A deals this year.
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CrowdStrike has informed Delta Air Lines that the cybersecurity company doesn't believe it's responsible for the carrier's handling of last month's global IT outage following a software update that led Delta to cancel thousands of flights.
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The global markets sell-off is deepening amid worries about the U.S. economy, extending losses late last week on worries that the country may be heading to a major slowdown.
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News of the day for August 5, 2024
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Futures Tied to the Nasdaq 100 Down More Than 4% on Monday
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Bitcoin Suffers Largest Weekly Decline Since November 2022
( 20
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Wie op zoek is naar een studentenkamer, moet in veel steden nog dieper in de buidel tasten dan vorig jaar. Vooral in Breda en Zwolle zijn de prijzen hard opgelopen, met stijgingen van bijna 30 procent. Ondertussen is het aanbod van kamers verder gedaald.
( 1
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CEO Austan Goolsbee van de Federal Reserve (Fed) in Chicago benadrukt maandag dat als de Amerikaanse economie verslechtert, de centrale bank het zal "oplossen". Hij merkte op dat de huidige rentetarieven mogelijk te beperkend zijn.
( 1
min )
Bij Infineon verdwijnen door een reorganisatie zeker veertienhonderd banen. Daarnaast zoekt de Duitse chipfabrikant voor veertienhonderd werknemers een plek elders in het bedrijf.
( 1
min )
Transavia vliegt de hele zomer niet van en naar Libanon, meldt de luchtvaartmaatschappij maandag. Eerder besloot het alle vluchten naar hoofdstad Beiroet tot en met 7 augustus te schrappen, omdat spanningen in de regio waren opgelopen.
( 1
min )
Hugo Boss heeft zijn Russische bezittingen verkocht aan handelspartner Stockmann, zo heeft het modebedrijf maandag bekendgemaakt. Hoeveel geld met de deal is gemoeid, is niet naar buiten gebracht.
( 1
min )
Drankenconcern Lucas Bols, bekend van merken als Pisang Ambon, Coebergh en likeuren onder de eigen naam, wordt op 2 september van de beurs gehaald. Bols is onlangs overgenomen door het eveneens Nederlandse Nolet.
( 1
min )
Het Amerikaanse ministerie van Handel komt naar verwachting met een ban op het gebruik van Chinese software in zelfrijdende en andere auto's met een internetverbinding. Dat meldt persbureau Reuters op basis van bronnen die bekend zijn met het dossier.
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min )
PostNL zegt grote moeite te hebben de kwaliteit van de postbezorging op niveau te houden. Mensen en bedrijven versturen steeds minder brieven en het postbedrijf kijkt daarom naar Den Haag voor financiële hulp.
( 1
min )
PostNL zegt grote moeite te hebben de kwaliteit van de postbezorging op niveau te houden. Mensen en bedrijven versturen steeds minder brieven en het postbedrijf kijkt daarom naar Den Haag voor financiële hulp.
( 1
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De koersen van bitcoin en ether, de twee grootste cryptomunten ter wereld, zijn maandag gezakt naar de laagste niveaus sinds de eerste maanden van dit jaar. Dit komt doordat veel beleggers zoeken naar veilige beleggingen, uit vrees voor een recessie in de Verenigde Staten.
( 1
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(Bloomberg) -- Bitcoin is under pressure from a bout of risk aversion in global markets that saddled the largest digital asset with its heftiest weekly loss since the collapse of the FTX exchange in 2022.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityA Radical Fix for Britain’s Housing Crisis: A New
( 67
min )
In an episode of The Ramsey Show, Dave Ramsey addresses a caller, Diana, about her car troubles and financial decisions regarding vehicle maintenance and potential purchase. Dave adamantly told Diana, "If you want to be middle class the rest of your whole life, keep a car payment. Mathematically, it’ll just hold your butt right there, it’ll just keep you from succeeding, it’ll keep you from prospering." Don't Miss: The average American couple has saved this much money for retirement — How do you
( 68
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Major share indices were deep in the red in Asia on Monday as fears the United States could be heading for recession triggered mass risk aversion and wagers interest rates will have to fall sharply, and quickly, to support growth. Investors stared where they finished on Friday by knocking Nasdaq futures down 1.28%, while S&P 500 futures dropped 0.79%. Treasury futures were off 5 ticks, but that followed a huge rally on Friday where yields dived 18 basis points to the lowest since November.
( 67
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AT&T's stock is doing well this year, but there's still plenty of room for the rally to continue.
( 67
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Capital Economics said a recession is unlikely and growth will even reaccelerate after a soft patch in the second half of this year.
( 66
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Warren Buffett-led Berkshire Hathaway, Inc.‘s (NYSE:BRK) (NYSE:BRK) second-quarter 10-Q report filed with the SEC showed that the investment holding company’s cash position swelled to $277 million. The cash buildup sent social media into a tizzy, with some Tesla, Inc. (NASDAQ:TSLA) fans fervently hoping that the investment guru would divert some of it into the electric-vehicle maker’s stock. What Happened: “Buffett is a value investor. $TSLA is a growth stock,” said The Future Fund LLC Managing
( 67
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Nvidia and Amazon could be smart buys for long-term growth in the AI revolution.
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(Bloomberg) -- Bond traders are piling into bets that the US economy is on the verge of slowing so quickly that the Federal Reserve will need to start easing monetary policy aggressively to head off a recession.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityA Radical Fix for Britain’s Housing Crisis
( 69
min )
It isn't easy earning the title of Dividend King. It's even more impressive, and interesting, when a company does it in a cyclical industry.
( 68
min )
The AI chip market leader may not be as dominant as initially thought.
( 68
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Berkshire Hathaway‘s (NYSE:BRK) (NYSE:BRK) 10-Q report for the second quarter showed the Warren Buffett-led firm significantly reducing its stake in tech giant Apple, Inc. (NASDAQ:AAPL). What Happened: Berkshire said the fair value of its Apple holding at the end of the second quarter was $84.2 billion, down about 38% from $135.4 billion at the end of the first quarter. Looking at the reduction from the perspective of number of shares, the math works as follows: Berkshire had 789.37 million shar
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These companies became titans by dominating a single industry, but they're now expanding and seeing success in other areas.
( 68
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(Bloomberg) -- To some, Berkshire Hathaway Inc.’s gutting of its Apple Inc. stake could be interpreted as a lack of conviction in the iPhone maker’s growth story. But many on Wall Street are urging investors to look past the news and stay calm.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityA Radical
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min )
Enbridge has everything it needs to continue supplying investors with a steadily rising income stream.
( 68
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If you're investing cash this summer, there are so many compelling options to choose from now.
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Yes, Buffett loves dividends.
( 67
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Ford is suffering from underwhelming Q2 results coupled with a tepid industry forecast for the second half of the year.
( 67
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These Vanguard funds could benefit from two key tailwinds this month.
( 68
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Donald Trump‘s plan to eliminate taxes on Social Security benefits has raised concerns among certain think tanks. They warn that such a move could potentially shorten the lifespan of Social Security and Medicare programs, contradicting Trump’s campaign promise to shield these programs from cuts. Don’t Miss: The average American couple has saved this much money for retirement — How do you compare? Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? This
( 68
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These REITs should supply me with growing streams of passive income.
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The S&P 500 plunged on Friday after a weak jobs report intensified concerns that the Federal Reserve’s decision to maintain rates at a two-decade high could lead to a deeper economic slowdown. Nevertheless, conventional wisdom anticipates that the Fed will begin cutting rates in September. In fact, Fed-funds futures now suggest a 71.5% probability of a double rate cut (50 basis points) at the Federal Open Market Committee’s September meeting. This marks a significant increase from the 22% probab
( 70
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(Bloomberg) -- The violent stock market selloff last week triggered by fears that the Federal Reserve missed its chance to help a faltering US economy ended one rotation trade and may have started another, leaving investors guessing where equities go from here.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty
( 68
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Public Storage has been buying back its attractively valued stock.
( 68
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The company's recent earnings were far more impressive than its 9% revenue growth implies.
( 68
min )
These outstanding businesses are worth buying hand over fist right now.
( 68
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Elon Musk had some frank words for investors during the second-quarter earnings call.
( 68
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A selloff that rocked equity markets around the world is clouding the outlook for investors looking to buy stocks on the cheap, as worries over the U.S. economy and disappointing tech earnings threaten more losses ahead. A two-day rout late last week left the S&P 500 nearly 6% from its July peak while the tech-heavy Nasdaq Composite extended losses to notch its first 10% correction from a record high since early 2022. Equities plunged in Europe and Asia as well, with Japan’s Nikkei index losing nearly 5% for the week.
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Imagine evenings spent on a sandy beach, weekends filled with family gatherings and afternoons engaged in hobbies. This or a number of other scenarios could be your retirement life. However, if you’re not properly prepared for taxes then it might end up taking more than you planned for from your fixed income. Luckily, the federal […] The post Common Tax Breaks for Retirees appeared first on SmartReads by SmartAsset.
( 70
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A recent study by BlackRock and Human Interest reveals an eye-catching gap in retirement savings between workers with access to employer-sponsored retirement plans and those without. The data shows that median-income employees lacking workplace retirement benefits saved one-eighth as much as those with employer-sponsored retirement plans. And by the time they retire, these workers could […] The post BlackRock Says Workers Without This May Lose Out on Almost $625,000 in Retirement Savings appeare
( 68
min )
The biotech recently became a commercial-stage company.
( 68
min )
ConocoPhillips' strategy is paying big dividends for investors.
( 21
min )
After Palantir's outsized success over the past 18 months, there's a better buying opportunity today.
( 68
min )
Nvidia shares have slipped in recent weeks after enormous earlier gains.
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Nvidia has not finalised the delivery time for its latest chip designed to comply with Washington's export restrictions for China amid a potential escalation of sanctions that could derail roll-out plans, industry sources said. The California-based chip giant has developed the B20 for Chinese customers, which is a downgraded version of its most powerful Blackwell B200 graphics processing unit (GPU) launched in March, according to two sources, including one person with direct knowledge of the mat
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Ramping Meteor Lake has been costly, and Lunar Lake will be a drag on profits next year.
( 68
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The tech-centric index is taking a break from its relentless run, but some stocks in the Nasdaq have much further to climb, according to Wall Street.
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We haven't seen this pronounced of a move in the U.S. money supply in 90 years.
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Demand for data center services is rising along with the popularity of artificial intelligence.
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This biotech company's promising pipeline could result in multibillion-dollar revenue.
( 68
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I just added another utility to my portfolio. I was done in this sector until I saw this high-yield stock and it was too good to pass up.
( 68
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Despite recession fears, be prepared for the AI spending boom to continue.
( 69
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Consumer staples companies generally tend to be resilient during challenging macroeconomic times. This is because they sell products that are considered essential for daily life. Using TipRanks’ Stock Comparison Tool, we placed Walmart (WMT), Costco (COST), and Coca-Cola (KO) against each other to find the best consumer staples stock, according to Wall Street analysts. Walmart (NYSE:WMT) Shares of big-box retailer Walmart have rallied about 30% so far this year. WMT impressed investors with its
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Shake Shack's sales surged this year, boosting its stock price, while some of its burger-selling competitors like McDonald's and Wendy's struggled as customers pulled back—here's why.
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Coming Up: Services Sector Data and Earnings from Eli Lilly, Disney, Uber, Palantir, and More
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De nieuwe regering van het Verenigd Koninkrijk gaat op 14 oktober een internationale top houden om buitenlandse investeringen aan te trekken. Premier Keir Starmer van de Labour Party zal daarbij zo'n driehonderd zakenmensen bijeenbrengen.
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De woningbouw komt steeds meer in de knel door het overvolle stroomnet. Kunnen we dat probleem oplossen door wijken te bouwen die helemaal onafhankelijk zijn van het elektriciteitsnet? Netbeheerder Liander onderzoekt dat samen met gemeenten, architecten en woningbouwers.
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ChargePoint's stock price has absolutely spiraled lower over the past three years, but a change in strategy could reverse its course.
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Why this is good news for investors.
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It's usually a good idea to buy semiconductor stocks when their sales are about to hit a cyclical bottom.
( 68
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Berkshire Hathaway has a $7.2 billion stake in this insurance titan.
( 68
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A long track record of success could help drive this artificial intelligence (AI) hardware specialist to new heights.
( 69
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Here's the case for why this "steady-Eddie" investment is still worth buying -- even near all-time highs.
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Which stock is a better bargain today?
( 68
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Warren Buffett's Berkshire Hathaway cut its Apple holding by around half, to $84.2 billion, according to an SEC filing. While Apple remains the firm's largest stock holding by far, Buffett had already reduced its stake by 13 percent earlier this year, hinting that he didn't mind selling "a little Apple" for tax reasons. Berkshire Hathaway made huge profits on the sale, according to calculations by The Financial Times; Buffett had largely avoided tech investments before beginning to buy Apple stock in 2016.
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Warren Buffett, one of the most successful dividend investors in history, owes much of his financial success to a simple yet powerful strategy: dividend reinvestment programs (DRIP). This approach leverages the power of compounding by reinvesting ...
( 67
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After a monumental run, the booming beverage business is taking a breather.
( 62
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"Investors should stop talking about buying the dip and start asking about selling recoveries."
( 66
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Warren Buffett-led Berkshire Hathaway, Inc. (NYSE:BRK) (NYSE:BRK) reported second-quarter net earnings on Saturday that fell year-over-year as a decline in investment gains more than offset an increase in operating earnings. The company's offloading ...
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With an average yield above 7% at recent prices, these stocks could give your passive income stream a big boost.
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The Boeing Company (NYSE:BA) is set to report its Q3 2024 earnings on October 23. Wall Street analysts expect the company to post an EPS of ($0.02), up from ($3.26) in the year-ago period. Quarterly revenue is expected to be $19.45 billion, up from ...
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Warren Buffett's Berkshire Hathaway updated investors on its second-quarter financial results Saturday, revealing its cash pile rose to a record high as it made more cuts to its stake in Apple, while its operating profit surged as its insurance underwriting business made gains, and more.
( 67
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Costco may have the cheapest gas in town. But here's why filling up at Costco isn't as awesome an experience as you might expect.
( 67
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Investors get a growing stream of income with this dividend stock with much less work than owning real estate.
( 68
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These high-yielding dividend stocks can supply a tangible return during a market downturn.
( 69
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“She was paying over $1,000 a month to rent an apartment.”
( 69
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It delivered another blowout quarter, but the stock fell.
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These are once-in-a-decade buying opportunities.
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Cyclicality has hit this fun-loving business. However, with the stock now down 50% and paying a 4.7% dividend, investors might want to consider snapping up a few shares.
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Warren Buffett's Berkshire Hathaway (NYSE:BRKa) was aggressively cutting his exposure to equities in the second quarter, new filings showed.
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By investing in top tech stocks, you can put yourself in a good position to beat the market.
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Investor Warren Buffett 's company recorded a $47 billion gain on stock sales during the second quarter as he slashed Berkshire Hathaway's massive Apple stake, but a drop in the paper value of its remaining investments drug down earnings despite improvements in the myriad companies it owns. Selling off a big chunk of its Apple holdings was the quarter's biggest news — Buffett once called the company's stake in the iPhone maker a pillar of Berkshire’s business that he intended to hold indefinitely. The other major investment moves Buffett made during the quarter included continued cuts to its investment in Chinese EV maker BYD and selling off some of its Bank of America stock.
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Income-seeking investors certainly have this company on their radar.
( 67
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These software stocks are leaders in their spaces and are leveraging artificial intelligence to stay ahead.
( 67
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(Bloomberg) -- Berkshire Hathaway Inc.’s cash pile hit a record $276.9 billion in the second quarter as billionaire Warren Buffett continues to hold off on acquisitions until he sees favorable opportunities. Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeValencia Follows Barcelona in Crackdown on Short-Term RentalsWhat a Beautiful Bus Stop Can DoA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike NYC Deal to Scale Back D
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Warren Buffett appears to have soured on stocks, letting cash at Berkshire Hathaway soar to nearly $277 billion even as the conglomerate posted a record quarterly profit from its dozens of operating businesses. The $276.9 billion cash stake as of June 30 soared from $189 billion, in part because Berkshire sold another large portion of its stake in Apple. Second-quarter operating profit rose 15% to $11.6 billion, or to about $8,073 per Class A share, from $10.04 billion a year earlier, with nearly half coming from underwriting and investments in Berkshire's insurance businesses.
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Nvidia's stock may soar even higher after its second-quarter earnings report.
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Buffett buys good companies when they are temporarily out of favor, like when he bought Bank of America stock. TD Bank offers a similar opportunity.
( 68
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While a look at the headlines in financial news or a peek at your brokerage account could inspire panic, here's what experts recommend you do instead to make the most of this downtrend.
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It's not hard to envision how all three of these stocks can deliver exceptional growth.
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I’d like to ask about the backdoor Roth IRA. Say you are over the income limit for Roth contributions, so you make a traditional contribution with no tax deduction and then do a backdoor Roth. Is that conversion taxable? If so, you would be paying tax on that money twice since you paid tax on […] The post Ask an Advisor: Is a Backdoor Roth Conversion Taxable Even If I Didn’t Take a Deduction on My IRA Contributions? appeared first on SmartReads by SmartAsset.
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Managing your money properly in retirement is critical for ensuring that it lasts as long as you do. For example, imagine you have $1.3 million in a 401(k) before age 60. While this is a considerable amount, a 4% withdrawal rate would only generate $52,000 per year. You’d also run the risk of running out […] The post I'm 59 With $1.3 Million in a 401(k). How Do I Make Sure This Money Lasts the Rest of My Life? appeared first on SmartReads by SmartAsset.
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Dividend stocks are great; cheap dividend stocks are better.
( 68
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These two healthcare companies have far more upside potential than Johnson & Johnson.
( 68
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The oil giant is a cash-generating (and returning) machine.
( 68
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These healthcare stocks are up more than 400% in the past five years, thanks to their dominance in the anti-obesity market.
( 68
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Apple shunned Nvidia while training its AI models for the upcoming Apple Intelligence platform.
( 67
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A reader challenges the argument that you can’t have a happy retirement with a small nest egg
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It was a lot of bad news all at once from the chipmaker.
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Vici Properties has a high probability of paying off with lots of passive income.
( 68
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Shopify and MercadoLibre could be $1 trillion companies within 15 years.
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If the artificial intelligence (AI) bubble bursts -- as history suggests it will -- three unstoppable businesses, which are largely out of the spotlight, can leapfrog Nvidia.
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Lilly's revenue gains have helped its stock to roar higher.
( 68
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The company is home to two booming businesses, which could see its stock soar in the coming years.
( 68
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These stocks could also perform well over the long run, even if Harris doesn't defeat Trump.
( 68
min )
Nvidia stock has proven extremely volatile in recent months as investors look to the future, but the evidence is clear.
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Cryptocurrency markets are trading lower in sync with other financial markets as of 8/2/24 Friday afternoon 5pm. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $62,672 -1.1% Ethereum (CRYPTO: ETH) $3,013 -3.8% Solana (CRYPTO: SOL) $151.3 -6.8% Dogecoin (CRYPTO: DOGE) $0.1127 -2.3% Shiba Inu (CRYPTO: SHIB) $0.00001485 -2.2% Don’t Miss: If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019, here’s how much you’d have today. If you invested $100K in Nivida during COVID, y
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(Bloomberg) -- Federal Reserve Bank of Richmond President Thomas Barkin said the US economy is in good shape, though it’s unclear whether the labor market is getting back to normal rates of hiring or more seriously deteriorating.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeValencia Follows Barcelona in Crackdown on Short-Term RentalsWhat a Beautiful Bus Stop Can DoUber and Lyft Strike NYC Deal to Scale Back Driver LockoutsA Vast Wetland Par
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Celestica (CLS) (TSE:CLS) stock has dipped significantly from its 52-week high of $63.49, as you can see below. The stock, which has surged on the back of the growth of artificial intelligence (AI), is now trading with a price-to-earnings (P/E) below its five-year average. While I’m conscious that the exponential growth we’ve seen in AI-related stocks has led to pockets of overvaluation, I believe Celestica remains undervalued at the current price. That’s why I’m bullish and think this is an opp
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Coca-Cola Co. said Friday it will pay $6 billion in back taxes and interest to the Internal Revenue Service while it appeals a final federal tax court decision in a case dating back 17 years. The Atlanta beverage giant said it will continue to fight and believes it will win the legal dispute stemming from taxes and interest the IRS maintains the company owes from 2007, 2008 and 2009. Coca-Cola spokesperson Scott Leith declined additional comment to The Associated Press.
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Warren Buffett's Berkshire Hathaway updated investors on its second-quarter financial results Saturday, revealing its cash pile rose to a record high as it made more cuts to its stake in Apple, while its operating profit surged as its insurance underwriting business made gains, and more.
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While a look at the headlines in financial news or a peek at your brokerage account could inspire panic, here's what experts recommend you do instead to make the most of this downtrend.
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Investors Are Looking for Signs That AI Spending Is Paying Off
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September staat voor de deur, en dat betekent dat tienduizenden studenten beginnen aan een nieuwe opleiding. Sommigen blijven (bewust of noodgedwongen) thuis wonen, terwijl anderen dringend op zoek zijn naar een kamer. Hoe vind je die nou eigenlijk?
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Je vakantie krijgt een valse start als je hoort dat je vlucht opeens niet vertrekt. Ook deze zomer zijn er weer annuleringen. Als doekje voor het bloeden is er compensatie. En je mag geld terug verkiezen boven een alternatieve vlucht.
( 1
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Je vakantie krijgt een valse start als je hoort dat je vlucht opeens niet vertrekt. Ook deze zomer zijn er weer annuleringen. Als doekje voor het bloeden is er compensatie. En je mag geld terug verkiezen boven een alternatieve vlucht.
( 1
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The cybersecurity industry is becoming increasingly dangerous, with cyber threats growing in both frequency and sophistication. Recent stats show a 30% surge in global cyber attacks in Q2 2024 compared to last year, with organizations facing an average of 1,636 attacks weekly. This makes it essential to examine the resilience and potential of top cybersecurity companies like CrowdStrike (CRWD). Despite a recent outage that disrupted services for major clients, including airlines, banks, and hosp
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The Dow closed down 600 points, the Nasdaq dropped 2.4% and the S&P has fallen 6% from its recent all-time high.
( 66
min )
Morgan Stanley is calling for significant upside in Arm Holdings stock.
( 68
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Nike's problems might not affect Lululemon as much as the market thinks.
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JPMorgan Chase said on Friday it is considering whether to sue a U.S. government consumer watchdog over inquiries into the Zelle payment app. The bank said in a filing it is responding to queries from the Consumer Financial Protection Bureau (CFPB) over Zelle. The CFPB has informed JPMorgan that the bank can pursue a settlement or face an enforcement action.
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Stocks tumbled Friday, concluding the most volatile stretch the market has seen in more than a year by some measure.
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Investors sought safety today.
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Palantir (PLTR) is well-regarded as one of the most innovative SaaS and AI companies in the world at the moment. It is well structured, with diversification across government defense and commercial contracts, which provides a lot of room for growth. Management has also been pivotal in developing AI defense technologies, which are vital for Western leadership capacity. Despite these strengths, the valuation is very high at the moment. Therefore, I am neutral on PLTR stock. Palantir Is Transformin
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On CNBC’s "Mad Money Lightning Round," Jim Cramer said he likes Blackstone Inc. (NYSE:BX). "They have a lot of great companies in house that are going to do very well," he added. On July 18, Blackstone reported second-quarter fiscal year 2024 adjusted ...
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min )
July's jobs report was surprisingly weak, putting pressure on the Federal Reserve to move more aggressively.
( 67
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The CHIPS and Science Act has provided funding for several major semiconductor facilities in Arizona, including Taiwan Semiconductor (NYSE:TSM), which is investing $40 billion in multiple semiconductor factories in the Phoenix area, and Intel ...
( 68
min )
Another day of weak economic data hit the stock again.
( 67
min )
The aerospace company's shares declined more than the market today.
( 66
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Wall Street is experiencing a sharp decline on the last trading day of the week, with all indices in the red at noon in New York, as a cooler-than-expected July jobs report rattled risk sentiment and sparked concerns that the Federal Reserve may have erred in delaying a rate cut until September. Nonfarm payrolls slowed to 114,000 in July, a decline of 65,000 from June and well below the expected 150,000. More alarmingly, the unemployment rate increased from 4.1% to 4.3%. As a result, market-impl
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Attorneys for Elon Musk and Tesla’s corporate directors are asking a Delaware judge to vacate her ruling requiring the company to rescind a massive and unprecedented pay package for Musk. Friday's hearing follows a January ruling in which Chancellor Kathaleen St. Jude McCormick concluded that Musk engineered the landmark 2018 pay package in sham negotiations with directors who were not independent. The compensation package initially carried a potential maximum value of about $56 billion, a sum that has fluctuated over the years but is now estimated to be worth more than $60 billion.
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The global sell-off in stock markets deepened as US unemployment hit a three-year high amid growing fears that the US Federal Reserve has left it too late to begin cutting interest rates.
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Investors should look closely at what tech executives are saying about artificial intelligence (AI) spending.
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(Bloomberg Law) -- The company that used to be known as Bed Bath & Beyond Inc. sued Ryan Cohen and his company, RC Ventures LLC, to recover $47 million they made from alleged insider trading in 2022.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeValencia Follows Barcelona in Crackdown on Short-Term RentalsWhat a Beautiful Bus Stop Can DoUber and Lyft Strike NYC Deal to Scale Back Driver LockoutsA Vast Wetland Park Seeks to Slake a Thirsty Meg
( 33
min )
See the astonishing growth of Berkshire Hathaway stock from Buffett's early days. It's a thrilling growth story, whether you measure it in dollars or number of shares.
( 67
min )
Intel just served up a wave of very bad news for investors.
( 67
min )
A couple years ago, these job seekers could “get away with anything.” Now it’s getting a lot harder for them to get hired.
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min )
Investors should tread very carefully with these stocks.
( 68
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If you're looking for good dividend stocks to hold, a good place to start is by looking at Berkshire's portfolio.
( 69
min )
This aerospace and defense supplier continues to exceed expectations.
( 66
min )
If I give $50,000 in cash to a charity, does that lower my taxable adjusted gross income (AGI) by $50,000? So if my adjusted gross income was $100,000, and I gave $50,000 to charity, is my taxable income now $50,000? … Continue reading → The post Ask an Advisor: Help Me Understand the Math. How Does Donating to Charity Reduce My Taxes? appeared first on SmartAsset Blog.
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Converting a traditional IRA to a Roth IRA can help you minimize taxes in retirement. But executing the conversion strategically is key to maximizing the benefits. A recent Schwab retirement planning report recommends three tactics to reduce your Roth conversion tax bill: max out your current bracket, spread conversions over multiple years and start planning […] The post Make the Most of a Roth Conversion With These Strategies from Schwab appeared first on SmartReads by SmartAsset.
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News of the day for August 2, 2024
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min )
Political commentator and former Fox Television host Tucker Carlson raised eyebrows after he claimed that Bitcoin (CRYPTO: BTC) was created by the Central Intelligence Agency. What Happened: During a private event at the recently concluded Bitcoin 2024 conference in Nashville, Carlson poked fun at cryptocurrency maximalists for not knowing the real identity of the pseudonymous creator, Satoshi Nakamoto. Don't Miss: According to Cathie Wood, holding 6 Ethereum (ETH) could make you a millionaire,
( 67
min )
(Bloomberg) -- Chevron Corp. missed profit estimates, heaping more pressure on Chief Executive Officer Mike Wirth to prevail in his $53 billion effort to acquire Hess Corp. Most Read from BloombergUS Reporter to Be Freed by Russia in Major Prisoner SwapKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatWhile ‘Pod Save America’ Tries to Unite Democrats, Its Staff RebelsAckman’s IPO Dream Implodes From $25 Billion to Zero in WeeksStocks Sink Before Jobs as Tech Hit on Earnings:
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There are plenty of great deals on the market.
( 68
min )
Find the latest International Game Technology (IGT) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
min )
Hans Mosesmann of Rosenblatt Securities is calling for Nvidia to reach a $5 trillion valuation.
( 69
min )
Exxon Mobil recorded one of its largest second-quarter profits in a decade on record quarterly production from oil and gas fields in Guyana and the Permian basin in the U.S., and its $60 billion acquisition of Pioneer Natural Resources. The results topped Wall Street expectations, but Exxon does not adjust its reported results based on one-time events such as asset sales. Analysts surveyed by Zacks Investment Research were expecting earnings of $2.04 per share.
( 67
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Palantir is set to report earnings after the closing bell on Monday with investors likely focused on commercial segment growth and AI platform demand.
( 66
min )
Apple isn't using Nvidia GPUs to train its AI models.
( 68
min )
"I am skeptical that the key economic data over the next seven weeks are going to add to the FOMC’s confidence."
( 68
min )
Exxon Mobil on Friday posted a better-than-expected $9.2 billion second-quarter profit based on rising output from its purchase this year of shale oil firm Pioneer Natural Resources. Exxon delivered a $2.14 a share profit that beat analysts' estimates on oil production and pricing gains that offset refining weakness. Higher profit "was driven by record production both in Guyana and in the Permian," which offset lower natural gas and fuel prices, Chief Financial Officer Kathryn Mikells said.
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min )
Oil giant Chevron Corp missed estimates for second-quarter profit on Friday, hurt by weak refining margins. The company, whose $53 billion takeover of Hess has been delayed to at least May next year, reported adjusted earnings of $2.55 per share for the second quarter, missing analysts' estimates of $2.93.
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August looks anxious already - as stock markets take fright at Big Tech earnings and start to reconsider 'hard landing' scenarios for the world economy just as central banks ease and bond yields plummet. It's been a frantic week's trading in all corners of the financial world. Five, seven and 10-year Treasury yields have all plunged below 4% since the Federal Reserve signalled on Wednesday that its first interest rate is coming in seven weeks' time - just as manufacturing surveys slip into contraction across the world and the U.S. jobs market cools further.
( 68
min )
These stocks are underperforming the markets this year, but they have loads of potential in the long run.
( 68
min )
(Bloomberg) -- Stocks are likely to fall when the Federal Reserve delivers its first interest-rate cut because the pivot will come as data signal a hard — rather than soft — landing for the US economy, according to Bank of America Corp.’s Michael Hartnett.Most Read from BloombergUS Reporter to Be Freed by Russia in Major Prisoner SwapKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatWhile ‘Pod Save America’ Tries to Unite Democrats, Its Staff RebelsAckman’s IPO Dream Implodes
( 67
min )
Among other major earnings, Intel tumbled 21% after forecasting third-quarter revenue below estimates and suspending its dividend starting in the fourth quarter. All the major three indexes kicked off August with steep declines on Thursday after a round of economic data spurred fears of a faster-than-expected economic slowdown with the U.S. Federal Reserve maintaining a restrictive monetary policy. The benchmark S&P 500, the tech-heavy Nasdaq and the blue-chip Dow are on track to log losses for the week that had the Fed opening the door to a September interest rate cut, Big Tech earnings and a raft of economic data.
( 67
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A disclosure included in the bank’s quarterly SEC filing did not give further details but may serve as a flag to investors of concerns from government agencies or authorities.
( 66
min )
Jerome Powell, arguably the most powerful man in the world economy, has spooked global markets and triggered a sharp share sell-off around the world.
( 69
min )
The Oracle of Omaha's 44-stock, $400 billion investment portfolio is home to three plain-as-day bargains.
( 70
min )
CrowdStrike's stock has fallen more than 30% in just the past month.
( 68
min )
These top dividend stocks are determined to grow their payouts, and that could fetch you solid returns.
( 69
min )
Wall Street's artificial intelligence (AI) darling Nvidia has lost around $900 billion in market value, and it's decline may be just getting started.
( 70
min )
Semiconductor company Arm went public in September 2023, and shares have already doubled amid enthusiasm about artificial intelligence.
( 69
min )
Analysts at Monness, Crespi, and Hardt issued a massive warning to investors regarding Palantir stock ahead of the software maker’s earnings report next week.
( 66
min )
Pfizer's efforts are starting to bear fruit.
( 67
min )
Despite the investment fund's endorsement, Tesla stock remains speculative.
( 68
min )
(Bloomberg) -- European stocks declined for a second day, joining a global selloff amid concerns over tech earnings and economic growth, with traders awaiting key US jobs data later. Most Read from BloombergUS Reporter to Be Freed by Russia in Major Prisoner SwapKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatWhile ‘Pod Save America’ Tries to Unite Democrats, Its Staff RebelsAckman’s IPO Dream Implodes From $25 Billion to Zero in WeeksStocks Sink Before Jobs as Tech Hit on
( 67
min )
Can CrowdStrike win back the confidence of investors and customers?
( 68
min )
QuantumScape is pre-revenue, and faces many challenges, but now might be the perfect time to buy with recent EV pessimism dragging the stock down.
( 68
min )
The automaker faces headwinds and challenges from all angles, but one reason to own the stock won't change anytime soon.
( 67
min )
After an epic run, some AI stocks are taking a breather, representing a compelling opportunity for savvy investors.
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min )
This huge investment suggests something about Buffett's opinion of the stock market right now.
( 68
min )
(Bloomberg) -- Asian stocks tumbled as sentiment was hit by a triple whammy of a Japan selloff, a global tech rout and weakness in the US economy. Most Read from BloombergUS Reporter to Be Freed by Russia in Major Prisoner SwapKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatAckman’s IPO Dream Implodes From $25 Billion to Zero in WeeksWhile ‘Pod Save America’ Tries to Unite Democrats, Its Staff RebelsStocks Sink Before Jobs as Tech Hit on Earnings: Markets WrapThe MSCI Asia
( 67
min )
Shares fell Friday in Asia, with Japan’s Nikkei 225 index slumping nearly 4.7% before regaining some ground. The declines followed a retreat in U.S. stocks after weak data raised worries the Federal Reserve may have missed its window to cut interest rates before undercutting the economy’s growth. The Nikkei 225 in Tokyo lost 4.6% to 36,367.97 and the Hang Seng in Hong Kong dropped 2.1% to 16,950.59.
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(Bloomberg) -- Asian equities were primed for selling Friday following declines on Wall Street that reflected unease on the health of the US economy and sent Treasuries higher.Most Read from BloombergUS Reporter to Be Freed by Russia in Major Prisoner SwapKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatAckman’s IPO Dream Implodes From $25 Billion to Zero in WeeksWhile ‘Pod Save America’ Tries to Unite Democrats, Its Staff RebelsStocks Sink Before Jobs as Tech Hit on Earning
( 68
min )
(Bloomberg) -- Warren Buffett sold shares of Bank of America Corp. for the 12th straight day, trimming his conglomerate’s massive stake in the lender by a total of 8.8% — or $3.8 billion — since mid-July.Most Read from BloombergUS Reporter to Be Freed by Russia in Major Prisoner SwapKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatAckman’s IPO Dream Implodes From $25 Billion to Zero in WeeksWhile ‘Pod Save America’ Tries to Unite Democrats, Its Staff RebelsStocks Sink Before
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The stock market is experiencing a significant downturn, which researchers attribute to the actions and statements of former President Donald Trump. The phenomenon dubbed as the “Trump Dump” effect, has been linked to the former president’s public criticisms of specific companies and sectors. Don’t Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. Can you guess how many Americans successfully retire with $1,000,000 saved? The percentage may shock you. Miami is ex
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Shares Fell 19% in Extended Trading Thursday
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Disney reports earnings before the bell Wednesday, with investors likely to be watching for strength in its experiences segment and updates on its streaming business.
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DraftKings cut its profit forecast and announced it would put a surcharge on winnings for bettors in high-tax states as a way to boost earnings.
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Chevron outlines leadership shakeup, relocation to Houston
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The S&P 500 dropped 1.8% on Friday, Aug. 2, 2024, as an unexpected uptick in the unemployment rate added to concerns about a possible economic slowdown.
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Stocks tumbled Friday, concluding the most volatile stretch the market has seen in more than a year by some measure.
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Trump Media shares jumped Friday after the operator of the Truth Social platform said it is rolling out a new streaming TV service.
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After unemployment came in higher than expected in July, Chicago Fed President Austan Goolsbee said the decades-high interest rates may force the Federal Reserve to react to increasing job losses.
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Clorox shares moved higher Friday after the company beat quarterly profit estimates, boosted by gross margin expansion, and issued an upbeat forward-year outlook.
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In the wake of Friday's weak jobs report, the question on the mind of investors and economists is no longer whether the Federal Reserve will cut interest rates at its next meeting in September, but how steeply it will cut them.
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According to reports, semiconductor giant Nvidia is facing two separate U.S. Department of Justice antitrust investigations.
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The 3.3% monthly drop in factory orders for June is the largest in more than a year and the biggest decline in the economic indicator since January.
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Morgan Stanley's wealth advisors can now actively pitch two spot bitcoin exchange-traded funds (ETFs) to some of their clients.
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GoDaddy shares rallied Friday, a day after the company raised its 2024 revenue guidance after the bell.
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Atlassian reported quarterly results that were in line with forecasts but issued disappointing guidance, sending the company's shares to their lower level in more than a year.
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U.S. equities lost ground at midday Friday after a report showed the economy added fewer jobs than expected in July, while the unemployment rate rose.
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A new regulatory filing revealed that the Google parent cut its stake in CrowdStrike in half before the cybersecurity firm's botched software update last month caused a global IT outage.
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A federal judge nixed a jury's $4.7 billion verdict against the National Football League that found it overcharged customers for its "Sunday Ticket" package.
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Shares of Snap plunged Friday after the social media company missed revenue estimates for the second quarter and offered lower-than-expected guidance on advertising weakness.
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Shares of Spirit Airlines fell further Friday, a day after the budget airline said it would furlough about 240 pilots and reported a wider-than-forecast quarterly loss.
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ExxonMobil reported second-quarter revenue and income above expectations Friday as the energy giant said it reached its highest levels of oil production since the 1999 merger that brought the companies together.
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The U.S. job market took a sharp and surprising turn for the worse in July, with the unemployment rate rising to its highest in nearly three years and hiring slowing down significantly.
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Global chip stocks tumbled Friday after Intel's layoffs plan and fears of overspending on artificial intelligence (AI) initiatives by the tech industry unnerved investors.
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Chevron's second-quarter revenue and oil production rose from a year ago, though profits missed estimates as lower refining margins squeezed earnings.
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News of the day for August 2, 2024
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Amazon shares fell sharply in premarket trading Friday after the company reported weaker-than-expected quarterly revenue and issued light current-quarter guidance. Monitor these key chart levels.
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Palantir is set to report earnings after the closing bell on Monday with investors likely focused on commercial segment growth and AI platform demand.
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Ozempic and Wegovy-maker Novo Nordisk reports earnings Wednesday, with markets tracking sales growth for the weight-loss drugs, especially versus rival Eli Lilly's products.
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Shares Fell 19% in Extended Trading Thursday
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Ruim 30 miljoen euro verlies in het eerste half jaar en vijfhonderd banen die verdwijnen: NS staat er niet best voor. Vooral de hoofdtaak, het rijden van treinen, levert verlies op. Duurdere kaartjes moeten uitkomst bieden, maar daar zijn twijfels over.
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KLM heeft besloten alle vluchten van en naar Tel Aviv voor een langere periode op te schorten. Tot 26 oktober vliegt de luchtvaartmaatschappij niet naar de Israëlische stad.
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De ouders van een Amerikaanse motorrijder die bij een crash met een Tesla Model 3 is omgekomen, hebben de autofabrikant aangeklaagd. Autopilot, de software van de deels zelfrijdende auto's van Tesla, is volgens de nabestaanden "gebrekkig en ontoereikend", meldt persbureau Reuters.
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ExxonMobil heeft de afgelopen drie maanden meer winst geboekt dan verwacht. Het grote Amerikaanse olie- en gasconcern profiteerde vooral van een recordproductie in de olierijke gebieden in Guyana en het Amerikaanse Permbekken.
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Spanje dreigt weer een bezoekersrecord te vestigen. Het aantal buitenlandse toeristen steeg in de eerste helft van 2024 met 13 procent ten opzichte van een jaar eerder. Ondertussen groeit bij Spanjaarden de ontevredenheid over de negatieve effecten van het massatoerisme.
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Spanje dreigt weer een bezoekersrecord te vestigen. Het aantal buitenlandse toeristen steeg in de eerste helft van 2024 met 13 procent ten opzichte van een jaar eerder. Ondertussen groeit bij Spanjaarden de ontevredenheid over de negatieve effecten van het massatoerisme.
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China gaat de doelstellingen aanscherpen om de uitstoot van broeikasgassen naar beneden te brengen. Nu zijn de plannen nog afhankelijk van de economische groei. Daar moeten hardere doelstellingen voor in de plaats komen.
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September staat voor de deur, dus zijn veel nieuwe studenten op zoek naar een studentenkamer. Deze zoektocht kan best lastig zijn. Heb jij een kamer gevonden? Deel dan jouw verhaal en tips. Hoe heb jij je zoektocht aangepakt? En hoe heb jij dat ervaren?
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Transavia heeft midden in het hoogseizoen een onbekend aantal vluchten geannuleerd vanwege technische problemen. Reisorganisaties worstelen met het regelen van alternatieven om vakantiegangers toch op hun bestemming te krijgen en hekelen de problemen bij Transavia.
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Nederlands grootste scheepsbouwconcern Damen Shipyards heeft vorig jaar een recordaantal orders binnengesleept. Dat was vooral te danken aan de toegenomen vraag naar groene schepen.
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Nintendo zag zijn winst in het afgelopen kwartaal fors dalen. Veel consumenten wachten op de opvolger van de Switch-spelcomputer. De winst kelderde daardoor met 71 procent.
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Veel mensen hebben deze zomer langer gewacht met het boeken van een vakantiehuisje vanwege het EK voetbal en het slechte weer. Maar inmiddels zijn de huisjes grotendeels volgeboekt voor dit seizoen, melden Roompot/Landal GreenParks en EuroParcs.
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Inwoners van Turkije kunnen sinds vrijdagochtend niet meer op Instagram. De overheid heeft het socialemediaplatform geblokkeerd. Het geeft geen reden voor de blokkade op, maar mogelijk heeft die te maken met recente beschuldigingen van censuur.
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Banken verdienen op dit moment veel geld aan het uitlenen van spaargeld. De marge op hun rentes is in het afgelopen anderhalf jaar ook hard opgelopen. Maar die stijging lijkt nu ten einde.
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Banken verdienen op dit moment veel geld aan het uitlenen van spaargeld. De marge op hun rentes is in het afgelopen anderhalf jaar ook hard opgelopen. Maar die stijging lijkt nu ten einde.
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The company made a new artificial intelligence announcement. The stock is still down huge in the last five years.
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What's up next for Nvidia stock after an incredible run of volatility?
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What's good for Zepbound is good for the company, it seems.
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Investors with significant funds have taken a bearish position in Medical Properties Trust (NYSE:MPW), a development that retail traders should be aware of. This was brought to our attention today through our monitoring of publicly accessible options ...
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Wall Street's most watched gauge of investor anxiety jumped to a more than three-month high on Thursday as U.S. stocks fell sharply after a round of data on Thursday spurred concerns the economy may be slowing faster than anticipated. The Cboe Volatility Index hit 19.48, its highest since April 19, before paring gains to finish at 18.59. The jump came as the S&P 500 fell nearly 1.4%.
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(Bloomberg) -- Intel Corp. said third-quarter revenue will be far less than analysts’ expected and announced sweeping job cuts. Shares fell more than 13% in late trading.Most Read from BloombergUS Reporter to Be Freed by Russia in Major Prisoner SwapKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatAckman’s IPO Dream Implodes From $25 Billion to Zero in WeeksIran’s Leader Orders Retaliatory Strike on Israel, NYT SaysStocks Sink in Run-Up to Jobs Data as Bonds Rally: Markets W
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The Newark, New Jersey-based company's U.S. businesses, posted adjusted operating income of $1.07 billion in the reported quarter, compared to $956 million in the year ago quarter. "We continued to see positive momentum across our businesses, driven by robust sales in our U.S. and International Businesses, as well as strong investment performance," said CEO Charles Lowrey. PGIM, Prudential's global investment management business, reported an adjusted operating income of $206 million in the quarter, up from $179 million a year ago, driven by higher asset management fees.
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Nio delivered more than 20,000 EVs for the third month in a row.
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Tire sales are down despite an improving auto market.
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Chipmaker Intel Corp. is cutting 15% of its massive workforce as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD. The Santa Clara, California-based company said Thursday it is also suspending its stock dividend as part of a broader plan to cut costs. Intel reported a loss for its second quarter along with a small revenue decline, and it forecast third-quarter revenues below Wall Street's expectations.
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MicroStrategy reported second-quarter earnings on Thursday.
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Latin America e-commerce giant MercadoLibre said on Thursday its net profit more than doubled in the second quarter from a year earlier, beating analysts estimates. MercadoLibre, which operates a marketplace in 18 countries and also owns the fintech Mercado Pago, posted a $531 million net profit for the quarter ended in June, above the $432 million profit that analysts polled by LSEG expected. MercadoLibre reported $5.1 billion in revenues, up 42% from a year earlier and above the $4.68 billion projected by analysts.
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Amazon reported a boost in its quarterly profits Thursday, but the company missed revenue estimates, sending stocks lower in after-hours trading. The Seattle-based tech company said it earned $13.5 billion for the April-June period, higher than the $10.99 billion industry analysts surveyed by FactSet had anticipated. Amazon earned $6.7 billion during the same period last year.
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The image of a millionaire is often synonymous with youth, tech-savvy brilliance, and overnight success. Think Mark Zuckerberg or Bill Gates. While these stories are undoubtedly inspiring, they represent a small fraction of the millionaire population. The truth is actually far more nuanced. Read Next: Are you richer than most people you know? Here’s the net worth you need at every age to be above average. Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the aver
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Coinbase reported a surge in second-quarter revenue on Thursday as trading volumes at the crypto exchange roared back to life thanks to market euphoria over easing regulatory roadblocks. The company's net revenue came in at $1.38 billion for the three months ended June 30, compared with $662.5 million a year ago.
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Snap forecast current-quarter sales and adjusted core earnings below market expectations on Thursday as the Snapchat owner grapples with stiff competition from larger rivals for advertising dollars in an uncertain economy. The image-messaging platform's second-quarter revenue of $1.24 billion also missed analysts' estimates of $1.25 billion, according to LSEG data. Considered a more experimental advertising platform, Snap's revenue growth has come under pressure over the past few quarters as sticky inflation and rising interest rates prompt enterprise clients to tighten their marketing budgets.
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Intel forecast third-quarter revenue below Wall Street estimates on Thursday, and said it would cut its workforce by more than 15% as the chipmaker pushes ahead with a turnaround centered around its loss-making manufacturing business. Companies rushing to develop technology such as OpenAI's ChatGPT have prioritized spending on powerful AI chips used in data centers - an area where Intel is far behind market leader Nvidia and AMD. This has hit demand for traditional data center chips, Intel's mainstay product for that market.
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Many venture capitalists in Silicon Valley and beyond believe that Vice President Kamala Harris could be a tech-friendly president. Some, such as LinkedIn co-founder Reid Hoffman, have already endorsed the Vice President, but now a new pledge is ...
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Stocks turned lower after data showed a measure of manufacturing activity from the Institute for Supply Management (ISM) dropped to an eight-month low in July at 46.8, signifying contraction. "Today's selloff isn't about earnings, it's about whether the Fed sees what the data is saying."
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The bank’s brokerage unit automatically sweeps customers’ uninvested cash into low-paying bank accounts, which generate “enormous fees” for Wells Fargo, a client’s lawsuit says.
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MGM Resorts International raised concerns about bookings for a Formula 1 car race coming up in Las Vegas in November, sending shares tumbling.
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More market malaise dragged Nvidia shares lower today.
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Shares in U.S. oil producer Hess suffered their largest daily percentage drop in 20 months on Thursday on fallout from the lengthy new delay to its proposed sale to Chevron. An arbitration panel organized to hear an Exxon Mobil challenge to the $53 billion sale will not meet until next May, pushing back any closing until the second half of 2025. The two companies originally had hoped to conclude the merger earlier this year.
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Will mortgage rates drop significantly in the coming months, with the Fed potentially cutting rates in the near future? Four economists weigh in.
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The popular growth-stock investor added to these three existing positions on Wednesday.
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(Bloomberg) -- The surging popularity of Kamala Harris in US election polls and soaring odds the Federal Reserve will soon start cutting interest rates is dealing a double-blow to the so-called Trump trades. Most Read from BloombergUS Reporter to Be Freed by Russia in Major Prisoner SwapKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatAckman’s IPO Dream Implodes From $25 Billion to Zero in WeeksIran’s Leader Orders Retaliatory Strike on Israel, NYT SaysIsrael Says It’s Confi
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Former CNN anchor Don Lemon sued Elon Musk on Thursday over a canceled deal with social media platform X, the New York Times reported. It said the lawsuit was filed in California Superior Court in San Francisco. The social media platform, formerly Twitter, canceled its partnership with Lemon in March.
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(Bloomberg) -- Earnings from Apple Inc. and Amazon.com Inc. will be critical to give direction to the Nasdaq 100 after a volatile period marked by some of the benchmark’s worst — and best — days this year.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundIran’s Leader Orders Retaliatory Strike on Israel, NYT SaysUkraine Receives First F-16 Fighter Jets After Long WaitLuxury Heir Alleges His $1
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(Bloomberg) -- Analysts are starting to pay closer-than-usual attention to the underlying enterprise software business of Bitcoin-proxy MicroStrategy Inc.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatUS Reporter to Be Freed by Russia in Major Prisoner SwapIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundIran’s Leader Orders Retaliatory Strike on Israel, NYT SaysAckman’s IPO Dream Implodes From $25 Billion to Zero in WeeksHow to best inve
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Apple Inc (NASDAQ:AAPL) will release earnings results for its third quarter after the closing bell on Thursday, Aug. 1. Meanwhile, some investors are eyeing potential gains from the company's dividends. The Cupertino, California-based company currently has a dividend yield of 0.45%, which is a quarterly dividend amount of 25 cents a share ($1.00 a year). To figure out how to earn $500 monthly from Apple, we start with a yearly target of $6,000 ($500 x 12 months). Next, we take this amount and di
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Activist investor Elliott Management offered a settlement with coffee chain Starbucks that would allow CEO Laxman Narasimhan to keep his post, CNBC reported on Thursday, citing people familiar with the matter.
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If we roll over $7,000 per yr from a traditional IRA to a Roth IRA for the next four years (which is when we will receive full Social Security), could it bump up the amount that we receive in Social Security? I realize that we would pay taxes on that rollover, but I was wondering […] The post Will Doing $7k in Annual Roth Conversions Lead to Higher Social Security Benefits? appeared first on SmartReads by SmartAsset.
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When making an estate plan, using a trust is a way to make passing assets - including both cash and physical assets - a bit easier. In fact, when using a trust, you can often allow your family to avoid … Continue reading → The post Do You Have to Pay Taxes on a Trust Inheritance? appeared first on SmartAsset Blog.
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Ark Invest's iconic boss just raised her five-year price target on Tesla stock to $2,600 per share.
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Find the latest Arthur J. Gallagher & Co. (AJG) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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View research reports from Argus and trade ideas from Trading Central to understand future stock performances and find high performing trade ideas.
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Occidental Petroleum said on Thursday that Colombian firm Ecopetrol has informed the U.S. oil producer that it has decided to not acquire a stake in the CrownRock assets.
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U.S. oil and gas producer ConocoPhillips posted second-quarter profit that beat Wall Street estimates on Thursday, benefiting from higher output and oil prices. The Houston, Texas-based company posted adjusted earnings of $1.98 per share for the quarter ended June 30, compared with analysts' average estimate of $1.96, according to LSEG data.
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Agree Realty is boosting its 2024 growth outlook.
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Chipotle is a high-quality company trading at a discount.
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There's been a changing of the guard atop a recent automotive survey.
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Something in the overall stock market has been commanding attention lately: the consumer's quest for value. That preference is also driving market activity. CNBC's Jim Cramer has been exploring this trend in great detail lately, identifying companies ...
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(Bloomberg Markets) -- Scott Dyksterhuis was convinced. Or as convinced as you can be when predicting what lies more than 3 miles beneath the seabed. The then 32-year-old geoscientist for Exxon Mobil Corp. figured there was a good chance a vast trove of oil lay buried off the coast of Guyana, near where the Atlantic Ocean meets the Caribbean Sea. Now came the hard part. He had to persuade his bosses to drill a well that would prove it. “It was high-risk,” Dyksterhuis says. “But Guyana was a cas
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This big pharma stock gives investors juicy and reliable dividends plus the potential for future growth.
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Huang is selling his Nvidia shares like it's going out of style. But there's more to the story.
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These companies are leaders in their respective industries.
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NextEra Energy Partners is trying to muddle through a rough patch, but it looks a bit tight right now, and income investors should be watching.
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Historically, the S&P 500 has traded sideways in August before declining sharply in September.
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Among Walmart, Nvidia, Amphenol, Chipotle Mexican Grill, Mitsui, Williams-Sonoma, Broadcom, MicroStrategy, Cintas, Sirius XM, Lam Research, and Sony Group, there's a historically cheap stock to buy and two dangerous bubble stocks readying to burst.
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Enterprise Products Partners is refilling its backlog.
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Two brand-name, time-tested businesses -- sporting an average yield of 5.7% -- have the long-term catalysts needed to make their shareholders meaningfully richer.
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Ortberg joins Disney’s Bob Iger, Target's Brian Cornell, and other CEOs in skirting company retirement rules to get the top job.
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Pfizer's debt load could inhibit the company's ability to take on acquisitions in the near term.
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Pfizer shares have advanced 20% over the past three months.
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Rolls-Royce has brought back its dividend as the engineering titan roars back from its pandemic-era crisis.
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(Bloomberg) -- Japanese stocks sunk by the most since 2020, with the yen rallying as traders braced for further interest rate hikes by the Bank of Japan. Oil climbed for a second day on Middle East tensions.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundIran’s Leader Orders Retaliatory Strike on Israel, NYT SaysUkraine Receives First F-16 Fighter Jets After Long WaitLuxury Heir Alleges His
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(Bloomberg) -- Bitcoin missed out on a cross-asset rally stoked by dovish Federal Reserve comments as a tightening US election race casts doubt on whether Donald Trump will get the chance to implement his pro-crypto agenda.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundUkraine Receives First F-16 Fighter Jets After Long WaitIran’s Leader Orders Retaliatory Strike on Israel, NYT SaysLuxury H
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Nuclear energy stocks Constellation Energy and Vistra soared Wednesday after the largest electrical grid operator in the U.S. said prices at its power market auction increased ninefold year-over-year.
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Intel shares plummeted in extended trading Thursday after the company posted a wider-than-expected loss and said it would lay off 15% of its workforce as part of a $10 billion cost-savings plan.
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C.H. Robinson Worldwide shares soared Thursday, leading S&P 500 gainers, after the freight transportation firm topped estimates with its second-quarter profits.
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Furniture Retailer's Shares Fell After Its Outlook Disappointed
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A raft of worse-than-expected economic data Thursday raised questions about how long the economy will be able to keep its head above water as high interest rates drag down vulnerable industries.
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Apple reported third-quarter results after the bell Thursday that beat analysts' projections as services revenue surged to a record high.
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Amazon shares dropped after the bell Thursday as the ecommerce titan delivered uninspiring third-quarter guidance.
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Shares of Snap were hit hard in extended trading Thursday, dropping after the Snapchat parent offered a third-quarter revenue forecast that disappointed investors.
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The S&P 500 fell 1.4% on Thursday, Aug. 1 ahead of the latest tech earnings reports and as several data points raised concerns about the health of the U.S. economy.
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Jobs cuts in July were higher by 9% year-over-year, as a report from Challenger, Gray & Christmas showed that the labor market continued to soften.
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Here's a guide to some of the key metrics investors will be watching for when Warren Buffett's Berkshire Hathaway reports earnings Saturday.
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Meta shares gained Thursday as analysts lifted their price targets for the stock after better-than-expected earnings and indications that artificial intelligence spending is paying off.
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Kellanova beat second-quarter profit and sales estimates and boosted its guidance as volumes increased in North and Latin America.
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Our Editors' Picks for Companies That May Have Stock-Moving News in the Month Ahead
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MGM Resorts International raised concerns about bookings for a Formula 1 car race coming up in Las Vegas in November, sending shares tumbling.
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Meta shares jumped on Thursday as the company's second-quarter results eased some of Wall Street’s fears about overspending on artificial intelligence.
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Ferrari boosted its full-year guidance Thursday while reporting second-quarter results that topped revenue expectations.
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Shake Shack shares jumped Thursday after the company posted better-than-anticipated results and gave an upbeat forecast.
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England's central bank cut its key interest rate for the first time in four years Thursday, even as the U.S. Federal Reserve continues to search for the right time to scale back rates.
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U.S. equities tumbled at midday Thursday amid concerns about economic growth following reports showing weekly jobless claims rose and manufacturing activity contracted in July.
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The active ingredient in Eli Lilly's flagship weight-loss drug has a new potential indication: heart failure treatment.
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Reddit announced the acquisition of Memorable AI, which uses artificial intelligence to optimize advertising,
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Shell reported higher-than-forecast second-quarter adjusted earnings, although refining margins at the energy giant dropped from the prior quarter.
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Moderna lowered its full-year guidance as falling European demand and a difficult U.S. market is pressuring sales of its COVID-19 products.
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ConocoPhillips reported record levels of production in the second quarter, but its revenue and profit fell just short of analysts' estimates.
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Shares of Carvana drove higher after the online used-car retailer posted a surprise profit and gave an upbeat full-year outlook.
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Toyota Motor American depositary receipts (ADRs) fell Thursday even though the Japanese automaker beat analysts' estimates for first-quarter revenue and profit on the back of a weak yen and strong hybrid vehicle sales.
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Budweiser parent Anheuser-Busch InBev reported mixed second-quarter results Thursday as revenue fell short of estimates, while underlying profits were better than expected.
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News of the day for August 1, 2024
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Arm shares plunged ahead of Thursday’s opening bell after the British chip designer’s light profit guidance overshadowed quarterly results that came in above expectations. Monitor this key chart indicator.
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Eli Lilly reports earnings on August 8, with its weight loss drugs Mounjaro and Zepbound likely to boost top- and bottom-line results.
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Shares in Facebook Parent Surged More than 7% in Extended Trading on Wednesday
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Nuclear energy stocks Constellation Energy and Vistra soared Wednesday after the largest electrical grid operator in the U.S. said prices at its power market auction increased ninefold year-over-year.
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Consumers were likely hoping for an interest rate cut this month, but the Federal Reserve is still holding out.
( 21
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Booking Holdings, het bedrijf achter de van oorsprong Nederlandse hotelboekingssite Booking.com, heeft het voorbije kwartaal goede zaken gedaan. Er was een sterke vraag naar reizen en hotelovernachtingen. Zowel de omzet als de winst zat in de lift.
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Booking Holdings, het bedrijf achter de van oorsprong Nederlandse hotelboekingssite Booking.com, heeft het voorbije kwartaal goede zaken gedaan. Er was een sterke vraag naar reizen en hotelovernachtingen. Zowel de omzet als de winst zat in de lift.
( 1
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Korean Air stopt met het serveren van noedels aan boord. Door klimaatverandering krijgen vliegtuigen steeds vaker te maken met turbulentie. De luchtvaartmaatschappij wil niet het risico lopen passagiers te verwonden met het kokend hete water voor de noedels tijdens turbulentie.
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Greenpeace stopt na ruim twee dagen met zijn actie tegen de bouw van een boorplatform in de Noordzee bij Schiermonnikoog. Dat is het gevolg van een kort geding dat de milieuactiegroep heeft verloren van gaswinningsbedrijf ONE-Dyas.
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Het bedrijf achter dieetorganisatie Weight Watchers gaat flink bezuinigen. WW International, Inc. heeft veel last van de populariteit van de middelen Ozempic en Wegovy en besluit daarom banen te schrappen.
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Provider Odido gaat zijn 3G-netwerk uitfaseren om ruimte te maken voor de nieuwere 4G- en 5G-netwerken. Odido is de laatste telecomaanbieder in Nederland die nog een 3G-verbinding aanbiedt.
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De Bank of England heeft voor het eerst sinds 2020 weer het belangrijkste rentetarief in het Verenigd Koninkrijk verlaagd. De Britse inflatie is genoeg afgeremd. De centrale bank volgt met de eerste renteverlaging sinds jaren de Europese Centrale Bank (ECB) die in juni die stap zette.
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Op Schiphol met een flesje water of ander drinken langs de beveiliging gaan, zit er vanaf 1 september niet meer in. Ook op Eindhoven Airport en Rotterdam The Hague Airport worden de regels aangescherpt, meldt moederbedrijf Royal Schiphol Group.
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NS wil via natuurlijk verloop vijfhonderd banen op het hoofdkantoor schrappen om de kosten te verlagen. Ook gaan volgend jaar de prijzen voor treinkaartjes omhoog.
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NS wil via natuurlijk verloop vijfhonderd banen schrappen op het hoofdkantoor om de kosten te verlagen. Verder kijkt de vervoerder of het kan bezuinigen door opknapbeurten van treinen te versoberen.
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Klanten hebben in juni voor het eerst sinds de coronalockdowns van 2021 minder geld uitgegeven bij winkels. Vooral de supermarkten zagen de inkomsten teruglopen, blijkt uit cijfers van statistiekbureau CBS.
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Huizenkopers hebben vorige maand 29.900 hypotheken afgesloten. Dat zijn er maar liefst 34 procent meer dan in dezelfde periode vorig jaar, blijkt uit cijfers van dataverzamelaar HDN.
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Robert Swaak stopt in de eerste helft van volgend jaar als CEO van ABN AMRO, laat de bank donderdag weten. Swaak stond sinds april 2020 aan het roer, maar maakt zijn tweede termijn niet af.
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Robert Swaak stopt in de eerste helft van volgend jaar als CEO van ABN AMRO, laat de bank donderdag weten. Swaak stond sinds april 2020 aan het roer.
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Klanten van ING spaarden afgelopen kwartaal veel, onder meer door de uitkering van het vakantiegeld. Ook zag de bank het aantal klanten groeien en sloot het meer hypotheken af. Mede daardoor kwam er een winst in de boeken van bijna 1,8 miljard euro.
( 1
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Je hebt er nooit toestemming voor gegeven, maar toch traint X zijn AI-model Grok met jouw data. Door in het geniep informatie van gebruikers te verzamelen, strijkt X critici voor de zoveelste keer tegen de haren in.
( 1
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Automobilisten hebben in de eerste zes maanden van dit jaar 2 procent minder lang in de file gestaan. Vooral de ochtendspits is minder druk, meldt de ANWB.
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July was the month the stock market was turned on its head. The tech stocks that powered market gains in the first six months of the year stumbled while small-caps, which had just barely recovered from 2022’s bear market at the start of the month, surged.
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Dayforce shares soared after the the provider of human resources software and services posted better-than-expected quarterly sales and profits.
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The S&P 500 jumped 1.6% on Wednesday, July 31, 2024, as the Fed announced its widely expected interest rate hold and tech stocks surged.
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Arm Holdings shares gave back Wednesday gains in late trading after reporting its latest quarterly results and updating its outlook.
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What does the future of Ethereum and its native token, ether, look like after this month's bumpy launch of spot price exchange-traded funds?
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Meta reported second-quarter earnings and revenue that beat analysts' estimates, sending its stock higher in extended trading Wednesday.
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Federal Reserve Chair Jerome Powell discussed what it would take for the central bank to cut interest rates at its next meeting in September at Wednesday's press conference.
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Arista Networks reported better-than-expected earnings, sending the stock 11% higher Wednesday as analysts highlighted the cloud networking company's potential to gain from AI-related spending.
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Worries about Microsoft's weaker-than-anticipated cloud growth and plans to raise investments in artificial intelligence weighed on its stock price. Analysts said those concerns could be overblown.
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Pershing Square USA is withdrawing its planned initial public offering, CEO Bill Ackman said Wednesday.
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Tether Holdings, issuer of the largest stablecoin by market capitalization, reported a $5.2 billion profit and a massive stash of U.S. Treasurys in the first half of the year .
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Marriott International’s second-quarter results Wednesday came with disappointing revenue per available room guidance, sending its shares lower.
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T-Mobile US shares rose Wednesday after the company beat second-quarter revenue expectations and raised its full-year guidance on net added customers.
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With price increases simmering close to the Federal Reserve’s goal, the central bank signaled it’s getting ready to start reversing its two-year-old campaign of anti-inflation rate hikes—but not just yet.
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As the job market continues to soften, slower hiring spurred sluggish wage growth in the second quarter.
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Comcast-owned NBCUniversal said Wednesday that it landed the highest-ever advertising revenue for the Paris Olympic and Paralympic games this year.
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Bitcoin and ether traded flat as spot ether ETF fund flows turned positive after four days and bitcoin ETFs posted rare day of outflows.
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Delta CEO Ed Bastian said Wednesday that the Microsoft outage caused by a CrowdStrike software update earlier this month cost the airline at least $500 million, as it was the hardest hit of the major U.S. airlines.
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The private sector added 122,000 jobs in July, fewer than the prior month and less than economists were expecting.
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Nvidia shares rose Wednesday after Morgan Stanley analysts said a recent sell-off of the AI chip maker offered investors an opportune entry point.
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Mastercard reported second-quarter revenue that topped analysts' expectations, with a lift from "healthy consumer spending."
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Treasury yields fell Wednesday as markets waited to see how clearly the Federal Reserve, which today concludes its July policy meeting, would signal its next move on interest rates.
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GE HealthCare shares rose Wednesday after the company reported second-quarter profits that beat analysts' estimates.
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Chip stocks rebounded Wednesday from Tuesday's slump after stronger-than-expected earnings from AI chipmakers and a report that U.S. chip-equipment export restrictions could be less stringent than expected.
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Shares of Dutch semiconductor-gear maker ASML Holding are rising on a report that the U.S. is on track to exclude some chip-equipment makers from its latest set of trade curbs.
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Shares of Dutch semiconductor-gear maker ASML Holding are rising on a report that the U.S. is on track to exclude some chip-equipment makers from its latest set of trade curbs.
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Boeing shares rose Wednesday as enthusiasm about the plane maker's new CEO offset second-quarter results that came in worse than analysts had expected.
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Mortgage applications were lower by 3.9% last week, Mortgage Bankers Association data showed.
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GSK lifted its sales and earnings projections for the year, after a strong performance by its HIV and cancer drugs drove second-quarter sales higher.
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Groupon shares sank in premarket trading Wednesday, a day after it reported an unexpected second-quarter loss.
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Advance Micro Devices shares moved sharply higher in premarket trading Wednesday after the chipmaker posted better-than-expected second quarter revenue and issued an upbeat sales outlook for the second half of the year. Monitor these key chart levels.
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News of the day for July 31, 2024
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Uber reports earnings ahead of Tuesday's open, with analysts projecting year-over-year revenue and profit growth.
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If you are eligible to have your student loans forgiven under President Biden’s new attempt at broad relief for borrowers—but don’t want it—speak now.
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Microsoft shares slipped nearly 3% in Tuesday's extended trading session after the tech giant reported better-than-expected quarterly results but missed Wall Street’s revenue estimate for its cloud segment. Monitor these important chart levels amid earnings-driven volatility.
( 16
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Microsoft executives gave investors an update on the tech giant's investments in artificial intelligence, capacity constraints, outlook, and more in the company's earnings call.
( 15
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(Bloomberg) -- Chevron Corp.’s $53 billion proposed takeover of Hess Corp. suffered another setback as an arbitration hearing to settle an ownership dispute with Exxon Mobil Corp. won’t be held until next year.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedUkraine Receives First F-16 Fighter Jets After Long WaitHamas Says Israel
( 67
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(Bloomberg) -- Qualcomm Inc., the world’s biggest seller of smartphone processors, gave a strong revenue forecast for the current period, indicating that demand for phones is rebounding. Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedUkraine Receives First F-16 Fighter Jets After Long WaitHamas Says Israel Killed Political Leade
( 67
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Chip-making tools supplier Lam Research forecast September quarter revenue above Wall Street estimates on Wednesday, anticipating a surge in orders from chip firms amid the AI boom. The surge in demand for AI-powered chips has increased the need for wafer fabrication equipment, sophisticated and expensive tools essential for chip manufacturing, benefiting companies like Lam Research. The Fremont, California-based company forecast revenue for the quarter ending September 29 to be between $4.05 billion plus or minus $300 million, compared with analysts' average estimate of $4.02 billion, according to LSEG data.
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"These are significant gains, implying the S&P 500 could gain 200-300 points in the next week. This is very compelling in our view," Fundstrat said.
( 67
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Billionaire Bill Ackman is making headlines after reports that the much-hyped IPO of his investment fund Pershing Square USA is eyeing to raise just about $2 billion, significantly lower than the initial plans of $25 billion. Regardless of how this ...
( 68
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Arm Holdings shares gave back Wednesday gains in late trading after reporting its latest quarterly results and updating its outlook.
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Chip designer Arm Holdings on Wednesday reported a stronger-than-expected 39% surge in quarterly revenue, and forecast fiscal second-quarter sales broadly in line with Wall Street estimates. For the current fiscal second quarter, Arm forecast revenue in a range between $780 million and $830 million, compared with an average analyst estimate of $804.1 million, according to LSEG data. Arm's first-quarter revenue rose 39% to $939 million, exceeding analyst estimates of $902.7 million.
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The addition of artificial intelligence (AI) capabilities to smartphones has driven a resurgence in end-market demand after the industry slumped to its lowest level in years, lifting orders for chipmaker Qualcomm. The company forecast a revenue range with a midpoint of $9.9 billion for the fourth quarter, compared with analysts' average estimate of $9.71 billion, according to LSEG data. Global smartphone shipments rose 6.5% in the June quarter, according to preliminary data from International Data Corp, as momentum towards a full recovery builds.
( 66
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The new product offers bitcoin exposure with a 0.15% fee.
( 66
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(Bloomberg) -- Buy signals flashed across Wall Street Wednesday as traders grew optimistic rate cuts coming soon after Federal Reserve Chair Jerome Powell left the door open to lowering borrowing costs at the central bank’s next meeting in September.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedUkraine Receives First F-16 Fight
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New Boeing CEO Kelly Ortberg is "capable of fixing the management floor with his left hand and choosing the right new plane with his left hand," notes one analyst.
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The central bank's Federal Open Market Committee ended a two-day policy meeting by keeping its benchmark overnight interest rate in the 5.25%-5.50% range. Inflation, according to the Fed's statement, was now just "somewhat elevated," a key downgrade from the assessment that it has used throughout much of its battle against rising prices that inflation was "elevated."
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At a closely watched meeting Federal Reserve Chair Jerome Powell hinted that a much-anticipated rate cut will happen this year.
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Nancy Pelosi remains one of the most followed members of Congress when it comes to the disclosure of stock and options trades. The former House speaker disclosed the purchase of more NVIDIA Corporation (NASDAQ:NVDA) shares this week. What Happened: ...
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This industrial stock is ending July with a bang.
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That AI stock is climbing thanks to good news on multiple fronts.
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Investors are constantly on the hunt for stocks that offer solid returns. However, finding these stocks can be challenging and sometimes expensive. Shares of well-known companies like Apple and Microsoft can cost hundreds of dollars for just a single share. However, there are opportunities to invest in stocks with strong growth potential without spending a fortune. Penny stocks, which are priced under $5 per share, present an interesting mix of potential rewards and risks. Due to their low price
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Years ago, retirees typically traded stocks for bonds after retiring. Pensions were common, bond interest rates were higher, and people lived shorter lives, so it made sense. But times have changed, and retirees can't afford to be overly cautious now. "You're retired," says Suze Orman, "your portfolio isn't." It still needs to grow. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Can you guess how many retire with a $5,000,000 nest egg? – Ho
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Bitcoin holdings of Mt. Gox wallets are down to $3 billion from $9 billion a month ago, Arkham data shows.
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(Bloomberg) -- Lumen Technologies Inc. shares leaped 150% in July for their best monthly gain on record, as artificial intelligence deals and short covering sparked a wild run after years of vicious selling.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedHamas Says Israel Killed Political Leader With Airstrike in IranIsrael’s Twi
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The Oracle of Omaha, Warren Buffett, is known for many things. Most notable, probably, is his financial acumen that has amassed him a fortune north of $139 billion. But at Berkshire Hathaway’s annual shareholder meeting last year, the 93-year-old billionaire offered advice that goes beyond monetary success.“Write your obituary,” Buffett told shareholders, “and try and figure out how to live up to it.” Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. These
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Wells Fargo joins Morgan Stanley, Merrill and Ameriprise in facing questions over its handling of clients' uninvested cash.
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The US Dollar continues to fall against the yen, as the Bank of Japan has raised rates to a “whopping 25 basis points.” With this, traders are now waiting to see what the Federal Reserve is going to do later in the day.
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Someone with $1.5 million in assets on top of Social Security income may be able to maintain a comfortable retirement starting at 65 with the right circumstances. While this is can be a relatively strong retirement profile depending on your needs, location and risk tolerance, you’ll need to plan carefully and make some critical decisions […] The post I’m 65 Years Old, Have $500k in Cash, $1 Million in an IRA and Social Security. Should I Retire Now? appeared first on SmartReads by SmartAsset.
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Apex Capital Trust has submitted a competing offer to acquire Paramount Global in an all-cash deal for up to $43 billion, the investment firm said on Wednesday. Paramount has a 45-day "go-shop" period following the merger agreement with David Ellison's Skydance Media, during which it can receive another deal. Paramount and National Amusements did not immediately respond to Reuters' requests for comment.
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The strugglingh stock investor did a little bit of shopping on Tuesday, adding to some of her existing positions.
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(Bloomberg) -- Humana Inc. shares tumbled after the company warned of higher-than-expected inpatient hospital admissions that point toward elevated costs for the insurer.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundHamas Says Israel Killed Political Leader With Airstrike in IranTrump Attacks Harris, Jewish Husband Over Their S
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My wife and I bought long-term care policies 25 years ago when they were relatively cheap. Now, our premiums have increased for the third time to over $500 per month and will rise again in six years. I figure I’ve already paid about $72,000 in premiums. Now, in our late 70s, I’m trying to decide […] The post Ask an Advisor: Our Long-Term Care Insurance Now Costs $500 Per Month. We’re in Our Mid-70s and Have Paid $72k in Total. Should We Cancel Our Policies? appeared first on SmartReads by SmartA
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We are a dual-income couple in our mid-50s with over $2 million in our 401(k)s. Should we "sacrifice" the pre-tax benefit and switch to Roth contributions at work? -Wendy Like most tax-related questions, the answer is "it depends." Based on … Continue reading → The post Ask an Advisor: We're in Our Mid-50s and Have $2 Million in Our 401(k)s. Should We Pivot to Roth Contributions? appeared first on SmartAsset Blog.
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AMD's stock is one of the worst-valued options in tech.
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The appointment comes after months of deliberation from Boeing as it tries to salvage its reputation and addresses questions around safety after an Alaska Airlines operated MAX 9 jet experienced a mid-air panel blowout. WHO IS ORTBERG? Ortberg, 64, is a Dubuque, Iowa native and has over three decades of experience in the aerospace industry.
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The Marlboro maker, similar to other tobacco peers, has bet heavily on smoking alternatives as stricter regulation and awareness of health risks have dented demand for traditional cigarettes in some markets. Total shipments of cigarettes fell 13% in the second quarter as demand for its more expensive brands came under pressure, with cash-strapped consumers looking towards cheaper alternatives or vapes. Altria also said promotions on its brands had hurt revenue.
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Boeing on Wednesday named Kelly Ortberg as its new President and CEO.
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“I will need about $80,000 to $90,000 a year to live on to be very comfortable.”
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FedEx is branding its cargo jets by erasing the Express descriptor to signify there are no longer separate Express and Ground operations, just One FedEx. The post FedEx rebrands aircraft, ground vehicles with new logo appeared first on FreightWaves.
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Small-cap stocks are on fire in July, but the Russell 2000 is still in a technical bear market.
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The best growth stocks aren't always the ones that are capturing the spotlight.
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Chip stocks such as AI favorite Nvidia, Intel, Marvell Technology, Qualcomm, Broadcom and Arm Holdings jumped between 2% and 5.2%. At 5:39 a.m. ET, Dow e-minis were up 171 points, or 0.42%, S&P 500 e-minis were up 53.25 points, or 0.97%, and Nasdaq 100 e-minis were up 287.5 points, or 1.52%. Megacap tech and chip stocks have taken a hit this month, after steering the U.S. equity market to record highs in 2024, on euphoria around AI adoption and the prospect of early rate cuts from the U.S. Federal Reserve.
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Enterprise Products Partners is a rock-solid dividend stock.
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The job cuts, which could be announced imminently, are a response to recent earnings slumps and market share losses.
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Will the dip continue?
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There were two primary reasons for selling the floundering fintech stock.
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Shares in ASML, the largest maker of equipment used to manufacture computer chips, jumped on Wednesday following a Reuters report that implied it will be spared the brunt of new U.S.-China export restrictions under consideration. The report said the U.S. will exclude allies including the Netherlands, where ASML is based, from new restrictions on equipment sales to half a dozen Chinese chipmaking plants. "Today's news ... definitely alleviates the market's concerns as ASML had nearly half of sales from China in the first half of 2024," said Kevin Wang of Mizuho Securities.
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Griffin increased his position in a company that's reported a triple-digit increase in AI revenue.
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A modest amount of money can make patient investors notably richer if it's put to work in game-changing companies.
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Rapid growth and the demand for AI servers bode well for the company.
( 67
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Artificial intelligence (AI) colossus Nvidia has stakes in five publicly traded companies -- four of which account for almost every cent of its AI-driven portfolio.
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If SK Hynix is growing high-bandwidth memory this fast, Micron's growth will be truly shocking.
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Could this be a double whammy for stocks?
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This stock is a bargain despite recent gains.
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I continue to add growing streams of passive income to my portfolio.
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These companies are known for reliable long-term growth and are worth picking up while trading at a bargain.
( 68
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Investors should keep it simple and consider the world's premier digital asset.
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(Bloomberg) -- Chinese stocks jumped, with the onshore benchmark gauge poised for its best day in over three months, as anticipation grew for Beijing to bolster its struggling economy. Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundTech Stocks Hit as Microsoft Down 6% in Late Hours: Markets WrapHamas Says Israel Killed Political
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Asian stocks were higher Wednesday following a decision by the Bank of Japan to raise its benchmark interest rate. Policy decisions were due later in the day from the Federal Reserve, with another expected on Thursday from the Bank of England. Japan’s benchmark Nikkei 225 recouped earlier losses, closing 1.5% higher at 39,101.82 after the central bank's decision to raise the benchmark rate to about 0.25% from 0.1%.
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(Bloomberg) -- Tokyo Electron Ltd. led a rally in Asian chip stocks after Reuters reported the Biden administration planned to exempt chip equipment makers from Japan, the Netherlands and South Korea from upcoming export restrictions.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundHamas Says Israel Killed Political Leader Haniyeh
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(Bloomberg) -- Japanese stocks reversed losses and the yen fluctuated as traders digested the Bank of Japan’s interest-rate increase and reduction in bond purchases. Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundHamas Says Israel Killed Political Leader Haniyeh in IranTech Stocks Hit as Microsoft Down 6% in Late Hours: Markets
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The Biden administration plans to unveil a new rule next month that will expand U.S. powers to stop exports of semiconductor manufacturing equipment from some foreign countries to Chinese chipmakers, two sources familiar with the rule said. But shipments from allies that export key chipmaking equipment - including Japan, the Netherlands and South Korea - will be excluded, limiting the impact of the rule, said the sources who were not authorised to speak to media and declined to be identified. As such, major chip equipment manufacturers such as ASML and Tokyo Electron will not be affected.
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Microsoft shares slipped nearly 3% in Tuesday's extended trading session after the tech giant reported better-than-expected quarterly results but missed Wall Street’s revenue estimate for its cloud segment. Monitor these important chart levels amid earnings-driven volatility.
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Microsoft executives gave investors an update on the tech giant's investments in artificial intelligence, capacity constraints, outlook, and more in the company's earnings call.
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In Venetië zijn vanaf donderdag geen grote groepen toeristen meer welkom. Gidsen mogen met maximaal 25 personen op pad. Ook zijn de luidsprekers waarmee sommige gidsen werken niet langer toegestaan.
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WeTransfer wordt overgenomen door het bedrijf Bending Spoons. De Nederlandse dienst die het mensen makkelijk maakt om grote bestanden te verzenden, komt zo in Italiaanse handen.
( 1
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Luchtvaartmaatschappij Delta Air Lines zal forse schade leiden door de wereldwijde computerstoring eerder deze maand. Topman Ed Bastian verwacht dat het annuleren van duizenden vluchten de maatschappij ongeveer 500 miljoen dollar kost.
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De Europese AI-wetgeving gaat donderdag in. Met de nieuwe regels moet kunstmatige intelligentie aan bepaalde eisen voldoen. Zo kan de technologie verantwoord gebruikt worden binnen de EU. Maar het duurt nog jaren voordat alle regels van kracht zijn.
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In de eerste helft van dit jaar hebben meer mensen een werkloosheidsuitkering aangevraagd. Ook het aantal ontslagaanvragen is toegenomen, blijkt uit nieuwe cijfers van uitkeringsinstantie UWV. Maar mensen vinden snel weer werk.
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Honderden huurders en oud-bewoners van een woontoren in Amsterdam krijgen na een jarenlange strijd te veel betaalde servicekosten terug. Sommige huurders krijgen voor vijf jaar aan voorschotten terug van de eigenaar. Dat bedrag kan oplopen tot 4.000 euro.
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Er is geen toekomst meer voor de Nederlandse winkels van schoenenketen Bristol. Dat zegt CEO Elise Vanaudenhove in een interview met de Belgische zakenkrant De Tijd. Bij moederbedrijf Euro Shoe Group is vooralsnog niemand bereikbaar voor een reactie.
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Tientallen medewerkers van TikTok zijn dinsdag vanwege een vermoedelijke voedselvergiftiging van het hoofdkantoor in Singapore naar het ziekenhuis overgebracht. De autoriteiten onderzoeken de zaak.
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De Fraudehelpdesk ontving in de eerste helft van 2024 bijna 30.000 fraudemeldingen. Dat is een stijging van 38 procent vergeleken met vorig jaar. Het meldpunt ziet dat criminelen nieuwe trucs bedenken om mensen geld afhandig te maken.
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Statistiekbureau CBS rapporteert elke maand het inflatiecijfer. Dat komt tot stand door te kijken naar het prijsverloop van een mandje goederen en diensten waar we in doorsnee allemaal gebruik van maken. De inflatie is deze maand weer opgelopen.
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Prijzen zijn deze maand 3,7 procent hoger dan een jaar eerder, blijkt uit cijfers van statistiekbureau CBS. Daarmee komt de inflatie op het hoogste punt sinds juli vorig jaar.
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PostNL is deze week begonnen met het weghalen van zo'n 10 procent van de oranje brievenbussen. Die operatie begint achtereenvolgens in Friesland, Groningen en Noord-Holland. Daarna volgen stapsgewijs de andere provincies.
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Now down 24% from its high, is it time to pounce on Nvidia stock?
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Advanced Micro Devices reported second-quarter sales that beat analysts' expectations, driven by record revenue from its data center segment as AI demand surged.
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Intel plans to cut thousands of jobs to finance a recovery and cope with losing market share to rivals, Bloomberg News reported on Tuesday, citing people familiar with the matter. Shares of the chipmaker, which is set to report quarterly results on Thursday, were up about 1% in extended trading. The stock has slumped 40% so far this year.
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(Bloomberg) -- Intel Corp. plans to eliminate thousands of jobs to reduce costs and fund an ambitious effort to rebound from an earnings slump and market share losses.Most Read from BloombergLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatRich Hong Kong Families Sell Mansions at Discounts to Repay DebtVenezuela’s Opposition Says It Has Proof of Election FraudTech Stocks Hit as Microsoft Down 6% in Late Hours: Ma
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(Bloomberg) -- Advanced Micro Devices Inc. gave an upbeat revenue forecast for the current quarter, signaling that its new artificial intelligence processors are helping bolster growth. Most Read from BloombergLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedRich Hong Kong Families Sell Mansions at Discounts to Repay DebtVenezuela’s Opposition Says It Has Proof of Election FraudTech Stocks Hit as Microsoft Down 6% in Late Hours: Markets WrapTesla Analyst Nearly Crashes While Using
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EPD earnings call for the period ending June 30, 2024.
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Former President Donald Trump accused the Organization of the Petroleum Exporting Countries (OPEC) of deliberately driving down oil prices to benefit Vice President Kamala Harris, warning that her potential presidency could be a “disaster” for the U.S. Don't Miss: A billion-dollar investment strategy with minimums as low as $10 — you can become part of the next big real estate boom today. Here’s the AI-powered startup that turns traders into influencers achieving 12% monthly growth – invest in i
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The boom in AI data centers could pay off for Lumen Technologies.
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Shares of the Santa Clara, California-based company rose more than 2% in extended trading. A rise in the adoption of generative AI technology has driven demand for powerful chips capable of handling the specific processing requirements of applications such as OpenAI's ChatGPT. The personal computer market is also recovering after its worst slump in years as the addition of on-device AI features drives a resurgence in end-market demand, aiding sales for AMD, which is among the largest providers of PC chips.
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Microsoft beat Wall Street estimates for fourth-quarter revenue on Tuesday, driven by gains from AI adoption across its cloud services and business software products. Revenue rose 15% to $64.7 billion in the quarter ended June, compared with analysts' consensus estimate of $64.39 billion, according to LSEG data.
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When it comes to saving for retirement, you’ve probably heard a million different opinions. From financial experts to your next-door neighbor to social media money gurus, everyone seems to have advice on how much you need to save. You might have even come across the figure from the Northwestern Mutual survey that says the average person thinks they need $1.46 million to retire comfortably. Don't Miss: Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average?
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The purchase of bitcoin for a new strategic reserve would be financed partly by revaluing Federal Reserve's gold, according to draft legislation from U.S. Senator Cynthia Lummis's office. The plan proposes establishing a "Bitcoin Purchase Program" of up to 200,000 BTC a year over a five-year period. U.S. Senator Cynthia Lummis's plan for a new Strategic Bitcoin Reserve would finance purchases of the cryptocurrency partly by revaluing gold certificates held by the Federal Reserve System, according to a draft of the legislation obtained by CoinDesk.
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On a recent episode of the "Women & Money" podcast, a longtime listener named Chewy sought advice from personal finance expert Suze Orman on whether she should convert her traditional 401(k) to a Roth 401(k). Chewy shared that early in her career, she received some unfortunate advice from her employer's HR department not to do a Roth conversion because, despite maxing out her 401 (k) match, she'd be in a lower tax bracket when she retired. Now, at 45, Chewy and her husband each have around $2 mi
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Nvidia shares could be volatile in a busy earnings week.
( 67
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Jeep and Ram maker Stellantis says it will offer buyout packages to many of its U.S. white-collar workers just five days after the company's CEO said the auto industry is in the middle of a significant storm. The company told salaried workers that eligible employees will get individual offers in mid-August. The offers will be limited to certain job functions that Stellantis not identify.
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Nvidia and other chip stocks lost ground Tuesday, dragging the S&P 500 and Nasdaq down with them—here's why.
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A newly published white paper is causing a stir on Wall Street and in Washington by accusing the Treasury Department of conspiring to boost the economy for political ends, and of risking a revival of inflation in the process.
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(Bloomberg) -- US stocks were set to extend gains as traders prepared for a raft of economic data releases, US tech earnings and central bank decisions that will be critical in shaping the trajectory of market.Most Read from BloombergVenezuela’s Opposition Disputes Claim of Maduro Election VictoryHarris’ Running-Mate Search Zeroes In on Three Top ContendersRich Hong Kong Families Sell Mansions at Discounts to Repay DebtTesla Analyst Nearly Crashes While Using ‘Full Self-Driving’Maduro Regime Acc
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The numbers often differ on the size of the housing shortfall in the United States. Estimates tend to vary between 1.5 and 5.5 million units, and nearly everyone agrees we aren't building enough homes. The question of how to create more affordable ...
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Jeep-maker Stellantis said on Tuesday it is offering a new round of voluntary buyouts to its U.S. salaried workers, the latest in a series of cost-cutting measures CEO Carlos Tavares is placing on its American operations. Stellantis' backlog of inventory and weakened margins in the U.S. market have been a point of concern for Tavares in recent conversations with analysts.
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Johnson & Johnson (NYSE:JNJ), the world’s largest and most diverse health care firm, will report its Q3 2024 earnings on October 15. Wall Street analysts expect the health care giant to post an EPS of $2.17, down from $2.66 in the year-ago period. ...
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How much is its mistake going to cost before all is said and done?
( 67
min )
Shares of Merck & Co. tumbled Tuesday after the pharmaceutical giant cut its full-year adjusted profit guidance.
( 66
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Symbotic's recent quarterly report has raised some big questions.
( 66
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In an unsettling bureaucratic mishap, Kenshay Watkins of Memphis found herself in a nightmarish predicament: legally declared dead by the Social Security Administration (SSA), effectively stripping her of access to her finances and health insurance. Despite being very much alive, Watkins has faced significant challenges as she tries to correct this grave error. Don't Miss: A billion-dollar investment strategy with minimums as low as $10 — you can become part of the next big real estate boom toda
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The Bank of Japan is likely to preserve the same interest rate on 31 July 2024. However, the market expects some action on stimulus policies and the details of the reduction in bond purchases.
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Microsoft Corp (NASDAQ:MSFT) users faced access issues and degraded performance with multiple Microsoft 365 services and features, according to its social network site X post. Microsoft 365 users reported outage instances at 9:26 am Tuesday, Eastern Time (ET), as per Downdetector. Close to 46% of the users reported issues with Outlook, 35% with the website, and 19% with the App, as per Downdetector. In early July, an unsuccessful update to CrowdStrike Holdings Inc’s (NASDAQ:CRWD) Falcon platform
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Reddit is fast becoming a gold mine for investing advice, with thousands of retail investors on the platform participating in discussions about dividends, retirement, stocks and cryptocurrencies daily. Recently, a young Reddit user asked for investing ...
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(Bloomberg) -- Merck & Co.’s shares fell the most in three years as light sales of its Gardasil HPV vaccine in China dimmed quarterly profit and sales that beat Wall Street estimates.Most Read from BloombergLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedRich Hong Kong Families Sell Mansions at Discounts to Repay DebtVenezuela’s Opposition Disputes Claim of Maduro Election VictoryHarris’ Running-Mate Search Zeroes In on Three Top ContendersTesla Analyst Nearly Crashes While Using
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Robert Kiyosaki, the well-known author of “Rich Dad Poor Dad" and self-proclaimed "billionaire in debt," has once again warned about the future of traditional retirement savings plans. In a recent post on X (formerly Twitter), Kiyosaki predicted, “The S&P is next which will toast millions of 401ks and IRAs.” This statement has sparked a mix of reactions from financial experts and the public alike. Don't Miss: The average American couple has saved this much money for retirement — How do you compa
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There are plenty of different ways to invest in artificial intelligence (AI) and growing demand for computing power.
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Pfizer now expects 2024 earnings to wind up well above analyst expectations after starting the year with a forecast that disappointed Wall Street. The drugmaker also said Tuesday that sales growth for non-COVID related drugs like the blood thinner Eliquis helped it deliver a better-than-expected performance in the recently concluded second quarter. Pfizer’s adjusted earnings in the quarter totaled 60 cents per share.
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Oil refineries across Europe will be forced to shut as the West abandons fossil fuels in the race to net zero, the boss of BP has said.
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On Wednesday, Merck & Co Inc (NYSE:MRK) reported second-quarter sales of $16.1 billion, up 7% year-over-year, beating the consensus estimate of $15.84 billion. Excluding the impact of foreign exchange, sales increased 11%. Merck reported adjusted EPS of $2.28, a shift from an EPS loss of $(2.06), beating the consensus of $2.15. The pharmaceutical unit booked $14.41 billion in revenue, up 7% year over year. Growth in oncology, cardiovascular, and vaccines, partially offset by declines in diabetes
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PayPal Holdings Inc (NASDAQ:PYPL) reported fiscal second-quarter revenue growth of 8% year over year to $7.89 billion, beating the analyst consensus estimate of $7.81 billion. The company reported a quarterly adjusted EPS of $1.19, beating analyst consensus estimates of $0.98. The stock price gained after the print. Total payment volumes increased 11% year-over-year to $416.8 billion in the quarter. Payment transactions were up 8% to $6.6 billion, and the payment transactions per active account
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Alphabet just reported another solid quarter.
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I’m in my first year of required minimum distributions of $36,000, which is causing me to be taxed on my $33,000 in Social Security benefits. What is a good strategy to reduce my RMDs below $25,000 so my Social Security benefits do not become taxable? Would taking a lump sum from my pre-tax IRA and […] The post Ask an Advisor: How Do I Reduce My RMD to Just $25k So My Social Security Isn’t Taxed? appeared first on SmartReads by SmartAsset.
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If you’ve got more money, you’ve got more retirement options. High-income earners have substantial resources at their disposal, presenting the potential for massive gains and crushing losses. However, practical strategies and careful financial decisions can help you retire as a multi-millionaire. High-income earners often have different retirement needs than others. Here’s how much high-income earners […] The post How Much High-Income Earners Have Saved for Retirement appeared first on SmartRead
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I recently attended a retirement seminar at a local community college where the instructor talked about potentially higher tax rates in retirement due to the new RMD age. I have been under the impression throughout my saving career that tax … Continue reading → The post Ask an Advisor: How Can Tax Rates Be Higher in Retirement Than Your Earning Years? appeared first on SmartAsset Blog.
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ASML makes machines that nobody else does.
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Rewarding shareholders with dividends is a vital part of the investment thesis for these three companies.
( 70
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Find the latest New York Times Company (The) (NYT) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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(Bloomberg) -- SoFi Technologies Inc. raised its forecast for this year’s profit and revenue as the fintech benefits from both its newer technology businesses and its trademark lending operation. Most Read from BloombergVenezuela’s Opposition Disputes Claim of Maduro Election VictoryHarris’ Running-Mate Search Zeroes In on Three Top ContendersRich Hong Kong Families Sell Mansions at Discounts to Repay DebtTesla Analyst Nearly Crashes While Using ‘Full Self-Driving’Maduro Regime Accuses Rival of
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Meanwhile, under CEO Alex Chriss, the payments giant has focused on improving operating margins by restructuring, aggressively cutting costs and reducing its headcount. PayPal now expects adjusted profit growth in a "low to mid-teens percentage" in 2024, compared with its April forecast of a "mid-to-high single-digit" increase. PayPal's operating margins expanded 231 basis points on an adjusted basis, to 18.5% in the quarter.
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Not every football player leaves the NFL and finds their footing in an entirely different business. In fact, many NFL players lose much of their wealth in the years after retirement. Drew Bledsoe, a number one draft pick and the former quarterback for ...
( 68
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CrowdStrike's stock has gotten hammered after the IT outage it caused.
( 68
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Procter & Gamble missed Wall Street expectations for fourth-quarter sales on Tuesday, as a cutback in spending by price-conscious consumers in the U.S. and Europe led to slower growth for its beauty and home care products. The company's fourth-quarter net sales slipped to $20.53 billion from $20.55 billion a year earlier. Analysts had expected $20.74 billion, according to LSEG data.
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The cyber outage led to more than 2,200 flight cancellations on July 19 and Delta has canceled over 6,000 flights so far since then. CrowdStrike's "Falcon Sensor" software had caused Microsoft Windows to crash and display a blue screen, known informally as the "Blue Screen of Death".
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If you are feeling hungry, here are three restaurant stocks that can dish out delicious returns for your portfolio over the long term.
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U.S. drugmaker Pfizer on Tuesday raised its annual profit forecast after reporting better-than-expected sales of its COVID vaccine and antiviral treatment. New Jersey-based Pfizer now expects annual profit to be in the range of $2.45 to $2.65 per share, compared with its prior profit forecast of $2.15 to $2.35 per share.
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Exxon is looking to build the world's largest lower-carbon hydrogen production facility.
( 68
min )
Sustainability concerns have dogged AT&T's high-yielding dividend over the past several years.
( 67
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Alphabet is one of the cheapest megacap technology stocks, despite being a leader in AI.
( 69
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These ultra-high-yield dividend stocks could be a great fit for a long-term-oriented portfolio.
( 68
min )
Hundreds of Chinese suppliers on Temu, the overseas shopping app run by PDD Holdings, staged a protest at the e-commerce giant's office in Guangzhou, alleging unreasonable platform policies, according to merchants and local Chinese media reports. Dozens of protesters stormed the PDD office on Monday afternoon, according to video clips posted on social media and confirmed as authentic by merchants. The Chinese media outlet, Yi Magazine, reported on Tuesday that about 80 merchants entered the PDD
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Will the bad news last?
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The ingredients are present for a stock market crash, which means amazing deals may soon abound.
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Investors won't have to pick winners and losers in the artificial intelligence (AI) race with this simple strategy.
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The stock's recent pullback is an excellent buy-the-dip opportunity for long-term investors.
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Prominent billionaire money managers have dumped shares of artificial intelligence (AI) kingpin Nvidia in favor of two high-octane dividend stocks sporting an average yield of 10.78%!
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(Bloomberg) -- BP Plc maintained the pace of its share buybacks and increased its dividend as it posted a stable profit for the second quarter. Most Read from BloombergVenezuela’s Opposition Disputes Claim of Maduro Election VictoryHarris’ Running-Mate Search Zeroes In on Three Top ContendersTraders Fret as 32-Hour Central Bank Spree Hangs Over MarketTesla Analyst Nearly Crashes While Using ‘Full Self-Driving’Maduro Regime Accuses Rival of Sabotage, Triggering ProtestsThe British oil major reite
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The Treasury yield curve has inverted before every recession since 1969, and the current inversion is the longest on record.
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Analysts at Barclays said in a note Tuesday that the recent sell-off in several tech stocks has been excessive, presenting a buying opportunity for selective investors.
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Forget bulking up on gold bullion, these gold stocks provide more glittering opportunities.
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Nvidia stock has gotten cheaper in recent days.
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Asian shares mostly declined in cautious trading Tuesday ahead of central bank meetings around the world. The Federal Reserve, the Bank of England and the Bank of Japan are holding monetary policy meetings this week. Japan's benchmark Nikkei 225 reversed earlier losses to rise 0.2% in afternoon trading to 38,525.95.
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(Bloomberg) -- Asian stocks fell amid speculation investors are trimming some of their holdings before a rush of events in coming days including major central bank decisions, key economic data and earnings from US megacap companies.Most Read from BloombergVenezuela’s Opposition Disputes Claim of Maduro Election VictoryHarris’ Running-Mate Search Zeroes In on Three Top ContendersTraders Fret as 32-Hour Central Bank Spree Hangs Over MarketTesla Analyst Nearly Crashes While Using ‘Full Self-Driving
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(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. disclosed its third disposal of Bank of America Corp. shares this month — paring its massive, profitable bet on the lender by a total of more than $3 billion.Most Read from BloombergVenezuela’s Opposition Disputes Claim of Maduro Election VictoryHarris’ Running-Mate Search Zeroes In on Three Top ContendersTraders Fret as 32-Hour Central Bank Spree Hangs Over MarketMaduro Regime Accuses Rival of Sabotage, Triggering ProtestsTesla Analyst Nea
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The chipmaker's Q2 results show it's still struggling to grow, but ON stock is worth watching because the company is one of the largest producers of silicon carbide power chips, which are increasingly being used in electric vehicles (EV) and chargers.
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The Tesla CEO had some kind words for Nvidia.
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This company has the ingredients to grow its business by 10 times.
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Advanced Micro Devices reported second-quarter sales that beat analysts' expectations, driven by record revenue from its data center segment as AI demand surged.
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Shares of Sprouts Farmers Market soared to an all-time high after the supermarket chain reported quarterly results that beat Wall Street expectations and raised its full-year guidance.
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The S&P 500 fell 0.5% on Tuesday, July 30, 2024, as tech stocks lost ground ahead of key earnings reports and a decision on interest rates from the Federal Reserve.
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The two-day meeting of the Federal Reserve's policy-setting committee started Tuesday, as central bank watchers await clues on when interest rates might be cut.
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Starbucks missed revenue expectations with its fiscal third-quarter results, driven in part by a decline in same-store sales.
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The drop—in spite of recent events, supply data—raises chance of output adjustment
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The decline was expected, as 10% of the bitcoin held by the fund was spun off to create the new Grayscale Bitcoin Mini Trust.
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Shares of Howmet Aerospace, a supplier of jet engine parts and aluminum wheels for heavy trucks, soared following a strong quarterly earnings report.
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Norfolk Southern was accused by the Department of Justice of illegally delaying Amtrak trains, according to a complaint filed Monday.
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Bitcoin's price fell after investors speculated about a sale by the U.S. government.
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Phillips 66 beat profit and sales estimates in the second quarter as midstream adjusted income jumped 23.7% year-over-year.
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Nvidia and other chip stocks lost ground Tuesday, dragging the S&P 500 and Nasdaq down with them—here's why.
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Pfizer shares rose Tuesday after the pharmaceutical giant beat second-quarter revenue expectations and raised its full-year guidance.
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Facebook parent Meta Platforms agreed to pay $1.4 billion to the state of Texas in settlement related to its collection of personal biometric data.
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JetBlue reported a surprise second-quarter profit as the airline cut back on unprofitable routes.
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Harris' wealth comes from her years in politics, book royalties, and investments
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Lattice Semiconductor shares sank in intraday trading Tuesday, a day after the company reported second-quarter revenue in its industrial and automotive segment fell by half from a year ago.
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S&P 500 companies are beating earnings expectations at an above-average rate, but investors are feeling a little less generous this round of earnings.
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The Consumer Confidence Index improved in July and were higher than economists expected.
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The National Highway Traffic Safety Administration said Tuesday that Tesla has issued a software update to address a recall over an issue where some Tesla vehicles could fail to notify drivers of an unlatched hood.
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Google parent Alphabet faces scrutiny from U.K. regulators surrounding the tech giant's partnership with artificial intelligence startup Anthropic.
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U.S. equities were mixed at midday with earnings reports in focus and ahead of a Fed decision on interest rates tomorrow.
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Shares of Merck & Co. tumbled Tuesday after the pharmaceutical giant cut its full-year adjusted profit guidance.
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Procter & Gamble posted a decline in sales of beauty products and diapers, and shares tumbled Tuesday.
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PayPal exceeded second-quarter profit and sales estimates, and raised its guidance and stock buybacks, powered by strong transactions.
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Warren Buffett's Berkshire Hathaway sold more shares of Bank of America, extending Berkshire's pullback after a runup in the bank's stock price.
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U.S.-listed shares of alcoholic beverage giant Diageo are plunging Tuesday as its full-year sales declined amid a "cautious consumer environment."
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Shares of Vista Outdoor rose in premarket trading Tuesday after the company said it was conducting a "strategic review" of its options amid a monthslong bidding war for part or all of its business.
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CrowdStrike shares are dropping following a report that Delta Air Lines has hired top attorney David Boies to pursue potential damages against the cybersecurity firm as well as Microsoft following the global IT outage on July 19.
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Tesla shares jumped more than 5% on Monday, the latest in a series of big price moves this month, after Morgan Stanley named the EV maker its top U.S. automaker pick. Monitor these key chart levels.
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News of the day for July 30, 2024
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Shares in the Chip Design Giant Have Fallen 24% from Record Close Earlier This Month
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Eigenaren van hotels in Parijs hebben hun prijzen nogmaals verlaagd. Hiermee hopen ze hun lege kamers last minute te kunnen vullen. Door eerdere prijsverhogingen staan veel hotelkamers volgens Reuters nog altijd leeg.
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Booking.com moet in Spanje een boete van 413 miljoen euro betalen omdat het zijn marktdominantie zou misbruiken. Het is de hoogste boete die de Spaanse toezichthouder CNMC ooit heeft opgelegd.
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De economie van de eurozone herstelt na de krimp van vorig jaar. In het tweede kwartaal groeide de economie met 0,3 procent, blijkt uit een eerste schatting van statistiekbureau Eurostat. Binnen de eurozone zijn er wel grote verschillen.
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China wil zijn economische beleid minder richten op de productie van goederen en meer op het stimuleren van consumentenbestedingen. De zwakke binnenlandse vraag bedreigt de economische groei van het land.
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X-eigenaar Elon Musk heeft onlangs zonder enige context een deepfakevideo gedeeld van de Amerikaanse vicepresident Kamala Harris. Daarmee overtreedt Musk de regels van zijn eigen platform.
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In juni zijn in de Europese Unie 72 procent meer Chinese elektrische auto's geregistreerd dan een maand eerder. Dat komt waarschijnlijk doordat de EU in juli importheffingen heeft ingevoerd op stekkervoertuigen uit China.
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Frankrijk heeft ondanks de politieke onrust in het land goede maanden achter de rug. De economie is een stuk harder gegroeid dan verwacht. En vanwege de Olympische Spelen wordt er meer economische voorspoed verwacht. In Duitsland was er juist een onverwachte krimp.
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De uitstoot van schadelijke stoffen door stroomproductie is in de EU in twee jaar tijd met bijna een derde gedaald, blijkt uit onderzoek van de energiedenktank Ember. De zon en de wind hebben voor het eerst meer stroom opgewekt dan fossiele bronnen.
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Nederlanders kiezen steeds vaker voor een camper. De kampeerbus is zelfs zo populair dat hun aantal met 170 procent is gestegen sinds 2010. Het aantal caravans is in die periode juist afgenomen met 11 procent.
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Het totale saldo van Nederlandse spaarrekeningen is de 480 miljard euro gepasseerd. Dat betekent dat er in vier jaar tijd meer dan 100 miljard euro aan spaargeld bij is gekomen. En de toename gaat steeds harder.
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Fund flows this year reflect tech stock domination—before the market rotation of recent weeks in which investors have shifted into small-cap stocks.
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Recent college graduates have had a harder time finding a job this summer as the unemployment rate for graduates has outpaced the national unemployment rate.
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British chip designer Arm will report first-quarter earnings for fiscal 2025 on Wednesday, with investors watching for updates on its royalty revenue and artificial intelligence chip development.
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Former Kansas City Southern CEO Patrick Ottensmeyer, who oversaw the company’s $31 billion merger with Canadian Pacific, has died, the company said Monday.
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Episode 198 of the Investopedia Express Podcast with Caleb Silver (July 29, 2024)
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The S&P 500 edged 0.1% higher on Monday, July 29, kicking off a trading week that will feature a Fed policy meeting and a slate of tech earnings reports.
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Apple released a beta version of the new iOS 18.1 to developers, offering a first look at some of its artificial intelligence features, in a move that could boost confidence in the iPhone maker's AI potential.
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McDonald's shares gained Monday despite posting an earnings miss as executives on the company's earnings call focused on the fast-food giant's outlook for the rest of the year and the success of its $5 value meal.
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Solar power stocks dipped following a report about an FBI warning of the potential for hackers to hit the renewable energy sector.
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The Food and Drug Administration delayed its approval decision for a leukemia drug from Syndax Pharmaceuticals after receiving more information.
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Financial markets are betting that, in the year ahead, the Federal Reserve is going to cut interest rates as drastically as it typically does during recessions. But market predictions on rates have a poor track record of panning out.
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Guardant Health said Monday that its colorectal cancer-screening blood test has received approval from the U.S. Food and Drug Administration, sending shares higher.
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Abbott Laboratories shares came under pressure Monday after a jury in St. Louis ruled on Friday that the company must pay $495 million in compensation and damages in a lawsuit involving the company's premature infant formula.
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Bitcoin briefly topped $71,000 early Monday, riding high on the optimism from the Bitcoin 2024 conference in Nashville over the weekend, before giving up those gains.
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Reddit will report second-quarter earnings on Aug. 6, with investors likely watching for growing user engagement and updates on licensing deals for artificial intelligence training.
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Alibaba Group Holding reportedly announced plans to institute a software service fee for merchants, sending its American depositary receipts (ADRs) higher Monday.
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U.S. equities gained at midday Monday, ahead of earnings from big tech firms and a decision on interest rates from the Federal Reserve due later in the week.
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Marvel Studios' "Deadpool & Wolverine" helped give AMC Entertainment its best weekend of ticket sales and attendance so far this year, along with its best weekend of food and beverage sales in five years.
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Group Including Steven Mnuchin in Pact to Acquire Enstar Group
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Onsemi shares surged Monday after the chipmaker reported better-than-expected revenue and highlighted gains in the automotive industry.
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Inspire Medical Systems expects second-quarter sales to be 30% higher than a year ago.
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Medical equipment maker Revvity reported second-quarter profit and sales that exceeded estimates on higher demand for its diagnostic products.
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Apple reportedly may not release its new artificial intelligence features until after its software overhaul planned for September, in what could be a setback for the iPhone maker amid anticipation for an AI-fueled upgrade cycle.
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American depositary receipts (ADRs) of Philips jumped Monday as the Dutch conglomerate reported second-quarter earnings that included comparable sales growth amid what the company called a "challenging macro environment."
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McDonald's reported second-quarter earnings below analysts' expectations Monday as sales decreased across most of the fast-food giant's markets.
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News of the day for July 29, 2024
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Apple Will Also Release Earnings This Week
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Shares Rose 23% Friday, the Largest-Ever One-Day Percentage Gain for the Dow Component
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(Bloomberg) -- QXO Inc., a company that had boasted an implied valuation of more than $90 billion at one point last week, burned some investors badly late Monday when its thinly-traded shares spiraled sharply downwards.Most Read from BloombergVenezuela’s Opposition Disputes Claim of Maduro Election VictoryHarris’ Running-Mate Search Zeroes In on Three Top ContendersTraders Fret as 32-Hour Central Bank Spree Hangs Over MarketMaduro Regime Accuses Rival of Sabotage, Triggering ProtestsFrench Inter
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Super Micro Computer (SMCI), which specializes in high-performance computing and server solutions, is among the many victims of the tech sell-off. However, with the stock falling, the company’s valuation metrics are starting to look even more attractive, with the price-to-earnings-to-growth (PEG) ratio falling to 0.62x (1.0x or less is generally considered to be undervalued), inferring that the stock is deeply discounted. Despite the rotation out of tech stock, the supportive trends in artificia
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In some cases, there may be a right and wrong time to take Social Security benefits.
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The term “upper class” evokes images of wealth and privilege. But what does it truly mean in terms of income? While there’s no definitive line, households in the top 20% of earners are generally considered upper class. According to the U.S. Census Bureau, the median household income in 2022 was $74,580. To reach the upper class in 2024, you’d typically need an income exceeding $153,000 – more than double the national median. Don't Miss: Are you rich? Here’s what Americans think you need to be co
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While the set-it-and-forget-it retirement strategy is attractive to many, financial expert Suze Orman warns that you could be sitting on a financial disaster down the road without some simple financial housekeeping. Like other housekeeping tasks, financial housekeeping is rarely as bad as it seems – and you’ll feel great when it’s done. Here are the steps that can help save you $100,000 or more and make sure your money is working for you and not against you: Don't Miss: A billion-dollar investme
( 68
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(Bloomberg) -- Hedge funds are rapidly unwinding their bets in industrials stocks, and rotating into the corners of the market exposed to commodities, such as energy and materials, amid growing geopolitical risks and concerns about economic slowdowns in the US and China.Most Read from BloombergVenezuela’s Opposition Disputes Claim of Maduro Election VictoryHarris’ Running-Mate Search Zeroes In on Three Top ContendersTraders Fret as 32-Hour Central Bank Spree Hangs Over MarketFrench Internet Line
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In a recent viral video titled "I'm Homeless, and I Make $87,000 A Year," Dave Ramsey shared the story of a woman named Marie, who found herself living out of a hotel despite earning a decent salary. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? Marie, an occupational therapist, moved to Philadelphia for a relationship that ultimately didn't wor
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Although geopolitics and interest rates can affect stock prices over short periods, in the long run, a company's earnings and revenue growth will separate the better stocks from the also-rans. Many investors focus each quarter on whether the company ...
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"If they don’t make money, we’ll shut them down," CEO says.
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These are the upcoming stock splits for the week of July 29 to August 2, based on TipRanks’ Stock Splits Calendar. A stock split is a corporate action in which, the company issues additional common shares to increase the number of outstanding shares of the company. Accordingly, the stock price of the company’s shares decreases, which maintains the market capitalization before and after the split. In contrast, there are also reverse stock splits that reduce the number of outstanding shares (conso
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A Chinese automotive glass maker says it was not the target of a federal investigation that temporarily shut down production last week at its Ohio plant, the subject of the Oscar-winning Netflix film “American Factory”. The investigation was focused on money laundering, potential human smuggling, labor exploitation and financial crimes, Homeland Security agent Jared Murphey said Friday. Fuyao Glass America said it was told by authorities that a third-party employment company was at the center of the criminal investigation, according to a filing with the Shanghai Stock Exchange.
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It's facing negative market sentiment, but that could change this week.
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Following an endorsement from Joe Biden and strong backing from her party delegates, Kamala Harris looks set to be the official presidential nominee for the Democratic Party. With that, everyone is now interested in her net worth and investment ...
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Taiwan Semiconductor Manufacturing plays a critical role in the development of AI chips.
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One of the biggest drags on Ford's bottom line shows evidence of improvement.
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Making a retirement budget calls for considering not only income but also expenses. With $2,700 monthly from Social Security and $715,000 in 401(k) accounts invested and distributed conservatively, a couple may be able to expect about $61,000 in annual income. This is close to the annual expense level reported by the average retiree. However, individual […] The post We’re 66 With $715k in 401(k)s and $2,700 Social Security Between Us. What’s Our Retirement Budget? appeared first on SmartReads by
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Alphabet upgraded, Arm downgraded: Wall Street's top analyst calls
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The vice president appeals to younger voters turned off by the baby-boomer-ification of American politics.
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With $1 million in a 401(k) and no mortgage on a $500,000 home, retirement at 60 may, in fact, be possible. However, retiring before eligibility for Social Security and Medicare mean relying more on savings. So deciding to retire at 60 calls for careful planning around healthcare, taxes and more. At any age, deciding whether […] The post My Wife and I Have $1 Million in a 401(k) and Fully Own a $500k Home. Can I Retire in 5 Years at 60? appeared first on SmartReads by SmartAsset.
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Ford likely won't agree to this, but if they want to put shareholders first, they would consider this big move.
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As investors brace for the upcoming election, the potential impacts of each candidate on the economy and its subsections are a hot topic for many. While Trump is campaigning on a platform to improve the economy and the average American, is this true? Don't Miss: Here’s the AI-powered startup that turns traders into influencers achieving 12% monthly growth – invest in it at only 10 cents per share. Don’t miss out on the next Nvidia – you can invest in the future of AI for only $10. According to a
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One preliminary piece of evidence is sending its shares higher.
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JPMorgan Chase says ongoing inflation and an outlook for sharply lower returns for investors means that retirees should toss the long-standing 4% rule. That's the rule that says retirees can safely draw down their savings by 4% per year without … Continue reading → The post JPMorgan Says You Can Safely Withdraw This Much From Your Retirement Accounts Yearly appeared first on SmartAsset Blog.
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AI-driven exuberance has not made every tech stock pricey.
( 67
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(Bloomberg) -- Reckitt Benckiser Group Plc plunged to an 11-year low on Monday after a verdict against Abbott Laboratories intensified concerns over infant formula lawsuits faced by both companies.Most Read from BloombergHarris’ Running-Mate Search Zeroes In on Three Top ContendersVenezuela’s Opposition Disputes Claim of Maduro Election VictoryApple's AI Features Rollout Will Miss Upcoming iPhone Software OverhaulTraders Fret as 32-Hour Central Bank Spree Hangs Over MarketTrump’s Campaign Agains
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One market in particular is too lucrative for it to miss out on any longer.
( 68
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As the Kamala Harris campaign gains momentum, much of Silicon Valley is getting engaged in the process. Reid Hoffman, the billionaire creator of LinkedIn, was already a supporter of the Biden-Harris ticket and has donated a reported $7 million to the ...
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News of the day for July 29, 2024
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Roche's latest breakthrough could be a game changer, but it's still too early to say.
( 68
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Investors should keep an eye on this little generative AI company.
( 68
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Find the latest Carrier Global Corporation (CARR) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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Artificial Intelligence is still in its early days, and these stocks are set to be long-term winners.
( 68
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Find the latest HireQuest, Inc. (HQI) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
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Nvidia, Alphabet, Amazon.com, Meta Platforms and Tesla were up between 0.5% and 0.8% in premarket trading, after a recent sell-off in megacap tech shares saw Wall Street's main stock indexes spiraling down last week. The three major U.S. stock indexes jumped more than 1% on Friday after hopes of an early start to monetary policy easing were boosted by an encouraging U.S. inflation report, close on the heels of recent data signaling a loosening jobs market.
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Any of these three stocks could be the backbone of a solid dividend portfolio.
( 68
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The market may have overreacted to a disappointing earnings report.
( 68
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If analysts are right, these two stocks could soar by more than 30%.
( 67
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The legendary investor's favorite ETF has been a big moneymaker over the long run.
( 68
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These stocks are reliable sources of significant passive income.
( 67
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Michael Saylor, the executive chairman of MicroStrategy, delivered an optimistic keynote address on Friday at the Bitcoin 2024 conference in Nashville.
( 66
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The Oracle of Omaha's short-term actions and long-term ethos don't always mesh.
( 69
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Buyer beware! These high-flying stock-split stocks are rife with headwinds.
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The company could report big news.
( 68
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Tom Lee at Fundstrat Global Advisors believes cheap valuations and interest rate cuts will send the Russell 2000 much higher by the end of the summer.
( 68
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This ETF enables me to generate income and participate in the Nasdaq's upside potential.
( 68
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Revenues saw a 9% increase, reaching $12.2bn from $11.2bn in Q2 2023.
( 66
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Global hedge funds ditched bets against European stock markets at the fastest pace in 10 years amid a raft of better-than-expected company results, according to a Goldman Sachs note to clients seen by Reuters on Monday. Hedge funds, which have mostly been betting against Europe's stock markets, unwound both short and long trades over the two weeks to July 26 at the highest rate in about a decade, said the Goldman research note sent to clients on Saturday. Hedge fund positions in single stocks have been a driver for equity price swings this year.
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Should you get in on this stock now?
( 68
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These fast-growing companies could make you richer in retirement.
( 68
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A jury late on Friday found Abbott's specialized formula for premature infants caused an Illinois girl to develop a dangerous bowel disease, a decision the company plans to appeal. Close to 1,000 lawsuits have been filed against Abbott Labs, Reckitt, or both, in U.S. federal or state courts. Abbott and Reckitt have denied the claims.
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These companies have plenty of power to continue paying attractive dividends.
( 69
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Investors should be looking to take advantage of the dip in the price of copper, and this stock is an ideal way to do that.
( 68
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(Bloomberg) -- Alibaba Group Holding Ltd. shares rose the most in two months as investors cheered the e-commerce company’s plan to earn more service fees from merchants.Most Read from BloombergHarris’ Running-Mate Search Zeroes In on Three Top ContendersVenezuela Opposition Rejects Maduro Election Win; US ConcernedTrump’s Campaign Against Harris Is Like Him: Old and TiredApple's AI Features Rollout Will Miss Upcoming iPhone Software OverhaulVenezuela’s Silence on Election Results Draws Global Co
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The future will be battery-powered, we are told. Silent electric cars will replace their gas-guzzling predecessors. Energy storage packs will power houses and offices, filled with the electricity generated by wind and solar. Eventually electric ships and aeroplanes will help eliminate emissions altogether. The electrified economy will need terawatts of storage.
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Asian stocks started the week with gains ahead of central bank policy meetings in the United States and Japan, after a broad rally on Wall Street that capped a tumultuous week. U.S. futures and oil prices rose. In Tokyo, the Nikkei 225 index surged 2.5% to 38,587.87.
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Shares of Japanese automaker Mitsubishi Motors rose more than 6% on Monday following local media reports the company is in talks to join an alliance between Nissan Motor and Honda Motor. The three Japanese automakers are considering teaming up to standardise in-vehicle software that controls cars, several media outlets, including Kyodo and the Nikkei business newspaper, said. Spokespeople for all three companies declined to comment.
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(Bloomberg) -- Asian shares tracked gains on Wall Street to rise on Monday, heading into a week of major central bank decisions and big tech earnings releases.Most Read from BloombergHarris’ Running-Mate Search Zeroes In on Three Top ContendersTrump’s Campaign Against Harris Is Like Him: Old and TiredApple's AI Features Rollout Will Miss Upcoming iPhone Software OverhaulHarris’ Favorability Rating Rises to 43% in ABC News/Ipsos PollYellen Rebuffs Trump Argument on Dollar Hurting US Manufacturing
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These companies could dethrone Apple from its position as the world's most valuable company.
( 69
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Vakantiegangers die vanaf Rotterdam The Hague Airport (RTHA) vliegen, kunnen deze zomer vaker te maken krijgen met oponthoud bij de bagageband. Het bedrijf dat de koffers in en uit de vliegtuigen laadt, heeft te maken met onderbezetting.
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McDonald's heeft voor het eerst sinds 2020 de verkopen in het tweede kwartaal zien dalen. De fastfoodketen merkt dat mensen door de inflatie wereldwijd minder uitgeven. Daarnaast heeft het bedrijf financieel last van de anti-Israëlboycot.
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McDonald's heeft voor het eerst sinds 2020 de verkopen in het tweede kwartaal zien dalen. De fastfoodketen merkt dat mensen door de inflatie wereldwijd minder uitgeven. Daarnaast heeft het bedrijf financieel last van de anti-Israëlboycot.
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Philips gaat de rechtszaak die Europese gedupeerden van de slaapapneuaffaire voorbereiden "rigoureus aanpakken". Dat zegt topman Roy Jakobs van Philips, die benadrukt verder niks kwijt te willen en zichzelf goed te zullen verdedigen.
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Snellaadbedrijf Fastned merkt dat steeds meer mensen op vakantie gaan met een elektrische auto. In juli is het aantal Nederlanders die gebruikmaken van elektrische laadstations al met bijna 50 procent toegenomen vergeleken met een jaar eerder, laat het bedrijf weten.
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Philips ontvangt ruim 500 miljoen euro van zijn verzekeraars na de afwikkeling van het slaapapneuschandaal. Dat blijkt bij de presentatie van kwartaalcijfers. Van de 816 miljoen euro operationele winst die het bedrijf in het tweede kwartaal in de boeken zette, is 538 miljoen euro verzekeringsgeld.
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De oprichter van uitzendconcern Randstad Frits Goldschmeding is overleden. Hij is 90 jaar geworden, heeft Randstad naar buiten gebracht.
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Een aantal luchtvaartmaatschappijen vliegt voorlopig niet naar de Libanese hoofdstad Beiroet. Na een raketaanval op de door Israël bezette Golanhoogvlakte van zaterdag is de dreiging toegenomen. Daarbij is een voetbalveld geraakt en zijn twaalf kinderen om het leven gekomen.
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De koers van de bitcoin is maandag gestegen naar het hoogste niveau sinds half juni. De oorzaak volgens beleggers: de Amerikaanse presidentskandidaat Donald Trump prees afgelopen weekend tijdens een conferentie cryptomunten de hemel in.
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Former Rockwell Collins chief Kelly Ortberg has joined the list of outside contenders under serious consideration by Boeing as its next CEO, The Air Current reported on Sunday, citing industry officials.
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How much longer can this rocket ship rally last?
( 68
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Jeremy from Tulsa, Oklahoma, received some eye-opening advice from personal finance expert Dave Ramsey during an episode of the popular Ramsey Show. Here's what went down during the exchange. Ramsey is known for his blunt and honest advice, which caller Jeremy experienced firsthand when he asked the finance guru whether he should buy rental properties as an investment while still in debt. Jeremy explained his situation to Ramsey, saying that he and his wife are currently in massive debt from stu
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Taiwan’s Premier Cho Jung-tai has announced a sweeping economic and social reform plan, aiming to attract nearly $100 billion in investments. This comes after former President Donald Trump said “Taiwan should pay us for defense.” What Happened: The reform plan would focus on energy, artificial intelligence, and infrastructure. The strategy includes appealing to Taiwanese investors disillusioned with conducting business in China, a trend the government aims to capitalize on, said Premier Cho in a
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Disha Spath and her husband went from $750,000 in debt to an over $1 million net worth in a few years by embracing the FIRE movement.
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A surprising number of renters could afford to buy a home, according to a new Zillow Analysis. Despite 39% of U.S. families renting in 2022, nearly 8 million qualified as "income mortgage-ready." This means they could likely handle a mortgage payment for a typical home in their area without exceeding 30% of their income. Don't Miss: A billion-dollar investment strategy with minimums as low as $10 — you can become part of the next big real estate boom today. If there was a new fund backed by Jeff
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Well-known entrepreneur and TV personality Kevin O'Leary recently spoke on Fox News about taxing the rich in response to a caller stating, "I just want an America where I have the chance to pay less in taxes than people like Kevin O’Leary." O'Leary expressed concerns about the political rhetoric that targets successful entrepreneurs and the potential repercussions of consequential policies on the American economy. Don't Miss: How do billionaires pay less in income tax than you? Tax deferring is
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Amazon, Apple, Meta and Microsoft Will Release Quarterly Results This Week
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No single stock is an island, and you should definitely build a diversified stock portfolio. But some stocks are better wealth-builders than others, and you could hold this undervalued tech giant for the long haul.
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3M Company (NYSE:MMM) shares are trading higher after reporting better-than-expected second-quarter 2024 results. The company reported second-quarter net sales of $6.255 billion, a slight decline of 0.5% year-over-year. Adjusted net sales totaled ...
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This fast-casual dining chain continues to prove why it's a leader in the restaurant industry.
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Last year’s bull market, dominated by mega-cap tech stocks, has shifted this year to favor smaller, lesser-known companies. This shift in momentum is driven by a set of economic factors supporting a positive sentiment. Most prominent among those factors is the slowing rate of inflation. While prices remain elevated compared to four years ago, the slowing rate of increase bodes well – and backs up the conventional wisdom that the Federal Reserve will initiate further interest rate cuts and provid
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Home Depot founder Ken Langone recently shared his investment wisdom on the American Optimist podcast.
( 68
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While many start-up EV makers are grappling with difficult headwinds, Rivian continues to shine.
( 67
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(Bloomberg) -- The violent rotation out of Big Tech has dragged the Nasdaq 100 Index down 8% in just over two weeks, leaving it on the cusp of a correction. Whether it can avoid that dubious milestone will likely come down to earnings from a quartet of companies worth nearly $10 trillion combined.Most Read from BloombergHarris’ Running-Mate Search Zeroes In on Three Top ContendersThat Sudden Market Drop Was Scary for Investors But Long OverdueTrump Gets Upstaged by RFK Jr.’s Claims of ‘Bitcoin F
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Many companies have performed stock splits this year as the bull market continues to run.
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Altria stock appears to offer a reliable 8% dividend yield. Is it too good to be true?
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UPS' historically high yield is a compelling passive income opportunity.
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In my 401(k) retirement plan, I’m 82% stocks. I’m 65 and still working. Should I be moving my stocks to bonds? -Bob While it's not a satisfying answer, the real answer is that "it depends." The decision of whether to shift your 401(k) to a more conservative asset allocation will depend primarily on your longer-term […] The post Ask an Advisor: ‘Should I Be Moving Stocks to Bonds?’ I’m 65 and Have 82% of My 401(k) in Equities appeared first on SmartReads by SmartAsset.
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The government offers several incentives for retirement accounts like 401(k)s. For instance, they're a tax-deferred investment, meaning you won't pay taxes on them until you withdraw. 401(k) deposits also don't count as taxable income during the year that you make them, … Continue reading → The post Using Your 401(k) to Pay Off Your Mortgage appeared first on SmartAsset Blog.
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Both companies are enjoying spectacular AI sales boosts.
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This booming ETF currently trades slightly off its record levels.
( 67
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Microsoft's growth story usually steals the spotlight, but the dividend streak could be another reason to take notice.
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These companies offer high-yielding dividends that should continue rising.
( 68
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Looking for high-yield stocks that can keep paying you through thick and thin? This trio of financials will be right up your alley.
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Investing in equal parts of these blue chips produces an average yield of 2.8%.
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This fintech specialist needs to be on your investment radar.
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Taiwan Semi's stock hasn't felt the effects of a great quarter yet.
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Sometimes a beaten-down stock can present a valuable opportunity.
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This fund is a passive income powerhouse, with hundreds of reliable value and dividend stocks.
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Ozempic could pile up a lot more indications in the years ahead.
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Verizon, Dow Inc., and Chevron top the list for yield in the Dow 30. All three come with caveats.
( 68
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This little hydrogen energy company still has a lot to prove.
( 68
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Building a great portfolio requires checking the right boxes.
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Tesla's electric vehicle business is shrinking, but Cathie Wood and Ark Investment Management are bullish on the company's other opportunities.
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These companies have bright futures in AI and offer investors a nice cash bonus.
( 68
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One more strong quarter might be all these stocks need to rocket higher.
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The U.S. needs more electricity, and few companies can deliver it faster and cheaper than NextEra Energy.
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Buffett says investors can expect solid results from this top stock.
( 68
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The giant coffee shop chain needs to make changes, and an outside perspective could help clarify what ought to be done.
( 68
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The Ohio senator might regret this investing decision.
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Learn which three stocks are poised to top the list in 2029.
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Medical Properties Trust continues to take positive steps toward a stronger future.
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Nvidia has been the poster child for the accelerating adoption of AI, but one competitor could outpace its returns by 2030.
( 68
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Legendary investor Warren Buffett has owned these stocks for a long time -- here's why you should buy them, too.
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Stocks like Coca-Cola are a common theme in the portfolios of Bill Gates, Warren Buffett, and Ray Dalio—this is why.
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The stock is up 250% in three years on growth in GLP-1 medications.
( 68
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Filing for Social Security at 62 means facing the largest reduction in benefits possible. Here's why I now think that might make sense.
( 68
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Nvidia could be a $3 trillion company by the end of 2024, and Alphabet could join the club by the end of 2025.
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These companies are paving the way to future growth and market share in their respective industries.
( 69
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Consistency and tempering emotions are essential for building an everlasting portfolio.
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The mega-cap stocks that have been the biggest winners in the current bull market might not lead the way going forward.
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Nvidia's stock is now down 20% from its all-time intra-day high. How far could Wall Street's artificial intelligence (AI) darling fall before finding its footing?
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Chinese automotive glass maker Fuyao Glass Industry Group said the United States government agencies searched its subsidiary on July 26 in Ohio as part of an ongoing investigation into a third-party labour services company. Fuyao Glass America Inc was not the target of the investigation, Fuyao quoted the U.S. authority as saying, in a filing to the Shanghai Stock Exchange. Local media earlier quoted a U.S. Homeland Security Investigations spokesperson as saying that their special agents are serving search warrants at Fuyao Glass's unit and 27 other locations as part of an investigation into "allegations of financial crimes and labour exploitation."
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If there's one thing you can learn from history, it's that you can't count on mortgage REIT dividends. Cuts are a part of the story.
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The market's just not seeing the bigger picture here. It will soon enough.
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Why are profits about to drop?
( 68
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Investors still have ample opportunity to gain from Nvidia's 127% stock surge so far in 2024.
( 68
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This AI stock could deliver better-than-expected results thanks to TSMC's supply chain investments.
( 68
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While Nvidia is currently leading the AI revolution, the stock simply isn't for everyone.
( 69
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This top tech enterprise has produced a fantastic return in recent years.
( 67
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(Bloomberg) -- Federal Reserve officials are on the verge of lowering borrowing costs within months, a move Chair Jerome Powell may signal in the coming week as the risks grow of imperiling a solid but moderating job market. Most Read from BloombergHarris’ Running-Mate Search Zeroes In on Three Top ContendersThat Sudden Market Drop Was Scary for Investors But Long OverdueTrump Gets Upstaged by RFK Jr.’s Claims of ‘Bitcoin Fort Knox’Trump Risks Losing Voters He Needs With Loaded Attacks on Harris
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Japan's Mitsubishi Motors is set to join an alliance between Honda Motor and Nissan Motor, creating an auto group with combined sales of more than 8 million vehicles, the Nikkei business daily said on Sunday. Nissan and Honda said in March they were considering a strategic partnership to collaborate on producing key components for electric vehicles and artificial intelligence in automotive software platforms.
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Amazon, Apple, Meta and Microsoft Will Release Quarterly Results This Week
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Coming up: Fed rate decision, jobs report, earnings from Apple, Microsoft, Amazon, and Meta
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Op Rotterdam The Hague Airport moesten veel passagiers zondag lang wachten op hun bagage. Dat komt door personeelstekorten bij de afhandelaar, zei een woordvoerder tegen persbureau ANP eerdere berichtgeving door Rijnmond.
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Niet iedereen heeft even vaak pech, dus sommigen claimen meer bij hun verzekering dan anderen. Het kan de verzekeraar ook teveel worden. Die kan na reeks van verzekeringsclaims besluiten om je verzekering te beëindigen. Maar dat gebeurt niet zomaar.
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Het aantal vakantiebanen in Nederland blijft groeien. Dat constateert Indeed, naar eigen zeggen de grootste vacaturesite van Nederland. Vooral naar horecamedewerkers, huishoudelijke hulpen, schoonmakers en verkoopmedewerkers wordt gezocht.
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De reparaties bij hogesnelheidslijnen in Frankrijk na de sabotageactie zijn "volledig afgerond", meldt de Franse spoorwegmaatschappij SNCF zondag. Vanaf maandag zijn er "geen vertragingen" meer voor reizigers.
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Bedrijven kijken steeds vaker en verder over de grens om hun vacatures te vervullen. Dat ziet ook het UWV, dat in de eerste helft van dit jaar 18.800 aanvragen heeft ontvangen van bedrijven die werknemers van buiten de EU in dienst willen nemen.
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Bedrijven kijken steeds vaker en verder over de grens om hun vacatures te vervullen. Dat ziet ook het UWV, dat in de eerste helft van dit jaar 18.800 aanvragen heeft ontvangen van bedrijven die werknemers van buiten de EU in dienst willen nemen.
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